The Toorak Handicap is a Melbourne Racing Club Group 1 Thoroughbred horse race run as an open handicap race, over a distance of 1,600 metres at Caulfield Racecourse, Melbourne, Victoria, Australia.

During World War II the race was run at Flemington Racecourse.

[2] The G1 1400 metre Sir Rupert Clarke Stakes, held three weeks earlier under the same handicap conditions at Caulfield is considered the predominant lead up race.

Thoroughbreds which perform well usually follow up by entering the G1 Cantala Stakes on Victoria Derby day.

Thoroughbreds that have won the Toorak Handicap – Caulfield Cup double: † Dead heat ‡ Run in divisions