No, it wasn't a A$3 million race but Baker, training partner Andrew Forsman and Opie Bosson will take it anyway.
And, winning a race is something current: Baker wanted to talk more about Turn Me Loose than Mongolian Khan. Under 60kg topweight, Turn Me Loose was impressive.
Under the the additional pressure of favouritism in the Caulfield Cup, as was Mongolian Khan, this was as historic as the win by the All Blacks 13 hours later.
Murray Baker was holding his breath last night waiting for the call from the handicapper to let him know what Melbourne Cup re-handicap Mongolian Kahn will carry additional to his 55kg into Flemington.
"Surely he wouldn't give him more than 1kg," said Baker with more hope than conviction.
The way Mongolian Khan - beautifully ridden by Opie Bosson - was travelling on the home bend might convince the handicapper otherwise. This was as clinical as New Zealand's win over the French. From halfway around in Saturday's race the result was as safe and the way Mongolian Khan swept up to the leaders on the home bend was a beautiful thing.
"Didn't he [Bosson] give him an easy ride," said Baker in admiration of New Zealand's best jockey. "That was a nice way to win your 16th group one winner in Australia."
Baker has a remarkable record in Australia as has his son Bjorn - now training in Sydney.
There is one Melbourne Cup tip worth noting - the last horse to pull up in the Caulfield Cup. It was Mongolian Khan. It tells you a lot about how they are heading to Flemington.
"It franked his previous Melbourne form," said Baker.
"He'd been unlucky not to win one up to this point. He slipped in the Underwood and we knew he was right up on his form."
Baker, who does not get excited, was thrilled about the class of horse Mongolian Khan beat on Saturday.
"The popular opinion was that this was the best Caulfield Cup field ever assembled." And there is no problem going forward.
"He's got a great temperament and he doesn't do a lot in terms of trackwork, so he'll be fine going forward. He trotted up perfectly this morning and he's come through this race beautifully."
Difficult to see how any of those who finished in Mongolian Khan's wake could beat him home in the Melbourne Cup, although the Japanese runners Fame Game and Hokko Brave are going to be much better suited by Flemington.
Both are rugged stayers in the extreme and will be well suited to the grind of a Melbourne Cup.
