The glitziest event on the horse racing calendar is set to bring a host of celebs to Sydney’s Rosehill Gardens today, with the weather clearing up just in time to make way for some glamorous fashion looks.

Originally due to take place last weekend, the prestigious Golden Slipper race was postponed due to Sydney’s downpour, with stars including Sonia Kruger, Candice Warner and Mel McLaughlin to make an appearance.

While most of the red carpet looks are yet to trickle in, kicking off the fashion stakes is races royalty Kate Waterhouse, and she’s not here to play.

Stunning followers with a strapless black midi-length gown with edgy cut-outs paired with a black hat with statement veiling over her face, the fashion icon and Channel 7 reporter shared a preview of her look on Instagram this morning.

“Take 2 … Golden Slipper Day,” the 37-year-old, who is the daughter of famed horse trainer Gai Waterhouse, captioned the series of images.

In a nod to the day’s “touch of gold” theme, her veil featured speckles of gold with matching sparkly eyeshadow.

Always one to turn heads, Waterhouse similarly chose a striking floral outfit to kick off the racing calendar at the Autumn Racing Carnival Launch earlier this month.

She rocked the floaty wrap dress with a fluffy black shoulder bag and a jewelled headband

VR Niti Sejpal