Cricketing royalty Shane Warne has been named the king of Moomba while the Moomba queen is Melbourne Bollywood star Pallavi Sharda.
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Lord mayor Robert Doyle said he was delighted to announce the pair as the new monarchs for the popular three-day annual festival.
Cr Doyle compared Warne's appointment to Prince Philip getting a knighthood.
"It's a bit like giving Prince Philip a knighthood – I've made the king of spin the king of Moomba," he said of Warne's appointment.
While Warne is a household name thanks to his international cricket career, Indian-Australian Sharda has a lower local profile.
However, she is a star in India and has appeared in the 2013 Australian film Save Your Legs, alongside Stephen Curry.
"They both represent a part of Melbourne – they both grew up in Melbourne, and they're now internationally renowned," Cr Doyle said.
Warne said the Moomba crown would be "the best thing I've ever worn on his head" – including the baggy green cap, and he was particularly looking forward to the Birdman Rally. "I used to always get a bit of a giggle watching the guys go in that."
The festival, held during the Labor Day long weekend on March 6 to 9, will feature bands Jebediah, You Am I, the Hoodoo Gurus, plus the traditional Birdman Rally.