Zara Phillips and Kate Waterhouse at Magic Millions Party

Australian racing royalty Kate Waterhouse rubbed shoulders with a real-life royal, Zara Phillips, at the Magic Millions opening night cocktail party in Surfers Paradise last night. Zara, an accomplished equestrienne, is the Magic Millions Racing Women Ambassador, and will be here for the event’s week-long carnival. When it was first announced that Zara was jumping on board, she said, "I got involved in Magic Millions Racing Women to help try and raise awareness of the many different ways in which women can be involved in this amazing industry, including horse ownership, and to raise the profile of women in the racing industry in Australia, by encouraging women to get more involved." Other guests at the party included Dawn Fraser and Gerry Harvey.