Horse racing-Pleasure for Payne as Prince of Penzance wins Melbourne Cup (Reuters)
* Payne becomes first female jockey to win * Holds off fast finishing Max Dynamite (Adds details, quotes) By Ian Ransom MELBOURNE, Nov 3 (Reuters) – Michelle Payne became the first female jockey to win the A$6.2 million ($4.44 million) Melbourne Cup on Tuesday as she rode rank outsider Prince of Penzance to a famous victory in Australia’s richest and most prestigious race. Jumping from barrier one, Payne bided her time until well into the final straight before pushing the 100-1 shot clear at the 200-metre mark and held off a charging Max Dynamite by three-quarters of a length. Originally passed over at a yearling sale in New Zealand, Prince of Penzance was secured for $36,000 and brought to Australia to be prepared by local trainer Darren Weir.