Kate Waterhouse braves heatwave in outfit worth $17k at Longines Golden Slipper  

Racing royalty Kate Waterhouse braves the Sydney heat wave to wear a Fendi wool suit in the Longines Golden Slipper with an outfit that costs a whopping $17,000

Racing royalty Kate Waterhouse doesn’t let the weather get in the way of her choice of on-trend outfits.

Despite sweltering heat in Sydney, the 39-year-old horse racing reporter turned up to Longines Golden Slipper Day in Rosehill Gardens on Saturday in a long-sleeved wool suit.

The daughter of famed horse trainer Gai Waterhouse looked as dapper as ever in the gray Fendi suit, which is valued at $9,550.

Features a dark gray wool long sleeve blazer with light gray silk sleeves and a silk wrap belt.

At the bottom, he donned the matching dark gray wool wide-leg suit pants.

Racing royalty Kate Waterhouse (pictured) doesn’t let the weather get in the way of her choice of fashionable outfits.

The interesting outfit also featured a long silken train that touched the ground, adding to the many-layered look.

The fashionista paired the lavish suit with a yellow Serpenti east-west Bulgari bag, which can be purchased for $4,900.

Standing, she appeared to be wearing black patent leather platform shoes by Valentino Garavani, which cost $2,810.

Despite sweltering heat in Sydney, the 39-year-old horse racing reporter turned up to Longines Golden Slipper Day in Rosehill Gardens on Saturday in a long-sleeved wool suit.

Despite sweltering heat in Sydney, the 39-year-old horse racing reporter turned up to Longines Golden Slipper Day in Rosehill Gardens on Saturday in a long-sleeved wool suit.

Keeping all eyes on the Fendi outfit, she kept accessories to a minimum with a pair of oversized gold-rimmed sunglasses and a slim black headband.

She wore her long blonde locks down and straight and tucked one side behind her ear, showing off a small pearl earring.

For her makeup, the fashionista opted for a winged black eyeliner with a deep nude lip.

Longines Golden Slipper Day is one of the biggest days in Sydney’s racing calendar and often the biggest celebrities and members of society descend on Rosehill Gardens.

On Saturday afternoon, Kate was joined by Today host Karl Stefanovic, Bachelor stars Jimmy Nicholson and Holly Kingston, Lucia Hawley and Home and Away star Matt Evans, among others.

Keeping all eyes on the Fendi outfit, she kept accessories to a minimum with a pair of oversized gold-rimmed sunglasses and a slim black headband.

Keeping all eyes on the Fendi outfit, she kept accessories to a minimum with a pair of oversized gold-rimmed sunglasses and a slim black headband.