Giga Kick has denied wonder sprinter Nature Strip in an unexpected result to win The Everest at Royal Randwick.

Going for back-to-back wins in the world's richest race — with a total prize pool of $15 million — Nature Strip could not match Giga Kick in the dying stages before finishing fourth.

Private Eye was momentarily hailed the winner before finishing second, with Mazu taking the minor placing just ahead of Nature Strip.

Nature Strip started the shortest-priced favourite in The Everest's short history but his reputation as the best sprinter on the planet counted for little when it mattered most.

Giga Kick — one of two three-year-olds in the 1,200-metre race — was ridden by Craig Williams for young Victorian trainer Clayton Douglas.

He was one of the last horses picked for an Everest slot after compiling an unbeaten record in Victoria.

The Everest was robbed of one of its leading contenders when Lost And Running was scratched on race morning.

More to come.