The Futurity Stakes is a Melbourne Racing Club Group 1 weight-for-age Thoroughbred horse race for horses three years old and older, over a distance of 1400 metres held at Caulfield Racecourse in Melbourne, Australia, in late February.

From 2006 until 2010 it was the first leg of the Asian Mile Challenge series, and its distance was changed to 1600 metres (1 mile).

During World War II the event was held at Flemington Racecourse.

In 2023 the race was run at Sandown Racecourse.

† Dead heat ‡ An embargo on Melbourne racing was in force by the Victorian Cabinet[48]