Britain's most famous horse race, the Grand National, kicks off this Saturday in Liverpool.
The three-day racing festival includes "Ladies Day" -- also known as "Fabulous Friday" -- where the UK's finest frocks and highest heels come out to play. Christopher Furlong/Getty Images Europe/Getty Images
First run in 1839, the steeplechase race sees 40 horses and jockeys jump 30 fences in a little over four miles (six kilometers).
Here, racegoers make their own entrance onto the Aintree racecourse.
Christopher Furlong/Getty Images Europe/Getty Images
With a prize pool of around £1 million ($1.4 million), it is also one of the richest horse races in Europe. Alex Livesey/Getty Images Europe/Getty Images
On "Ladies Day," the second day of the festival, the fashion stakes are similarly high -- the most stylish racegoer will take home a Range Rover worth £35,000 ($49,000) and another £8,000 ($11,000) worth of prizes from shopping complex Liverpool ONE. OLI SCARFF/AFP/AFP/Getty Images
The event has made a name for itself with its flamboyant style -- expect big heels, bright colors, and ... OLI SCARFF/AFP/AFP/Getty Images
Fantastic fascinators! Christopher Furlong/Getty Images Europe/Getty Images
Female jockey Katie Walsh's one piece of fashion advice for "Ladies Day" racegoers?
"Sensible shoes," she said.
"There is no point having shoes you do not feel comfortable in. Shoes are key for any outfit, if you can't walk in them then your whole outfit and appearance is affected. You need to be realistic; it is a long day of racing, so sensible shoes are a must."
READ MORE: Can Katie Walsh win horse racing's 'toughest' competition? OLI SCARFF/AFP/AFP/Getty Images
The Grand National race is watched by an estimated 600 million people globally. OLI SCARFF/AFP/AFP/Getty Images
And if your horse is lucky enough to win ... you could also be laughing all the way to the bank. OLI SCARFF/AFP/AFP/Getty Images