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Newmarket horse Red Cadeaux retired after suffering leg injury

Red Cadeaux fails to finish the race in Melbourne. Credit: PA

The world's most travelled racehorse, trained in Newmarket, has been retired after his failed bid to win Australia's richest race at the fifth attempt.

Red Cadeaux suffered a serious leg injury and failed to finish the Melbourne Cup overnight.

His trainer, Ed Dunlop, said his injury wasn't life threatening but added that he would not race again.

Trainer Ed Dunlop confirmed the horse will never race again. Credit: PA

Red Cadeaux's stablemate 'Trip to Paris' finished fourth on his Melbourne Cup debut, while Michelle Payne on board 'Prince of Penzance', became the first female jockey to win the race.