The race was first held as the Safilo Cup over 1300m. It became a Listed race in 2005 when it was won by Wild Queen trained by Gai Waterhouse and ridden by Zac Purton. It became known as the Ladies Day Cup as it is held on the same day as Oaks Day, also known as Ladies Day, in Melbourne. In 2013 the distance was increased to 1400m and in 2019 it was increased again to 1600m. It attracts many Sydney trainers, who normally win it. In 2020 the Oaks day meeting was abandoned due to heavy rain, so the race was moved to the following wednesday. In 2021 it returned to the VRC Oaks day.
Last mare to win: Pecans (2018)
Multiple winners: none
Fastest time (1600m): Cellarman (2019) 1:35:65
Leading trainers: Chris Waller with 4 wins (Black On Gold 2020; Cellarman 2019; Strawberry Boy 2014; Tromso 2013). Peter Snowden with 3 wins (Shannara 2011; Kanzan 2010; Beaded 2009)
Interesting trivia: Race not held in 2015 . Race not held in 2007 due to equine influenza.
Past winners of the Ladies Day Cup
Winners of past Ladies Day Cups include horses that go on to win major spring races.