Black Caviar appeared almost certain to be retired after scraping home in a dramatic Diamond Jubilee Stakes at Ascot last June, but she has been nursed back to full fitness and has appeared better than ever since returning to the racecourse.
The seven-year-old made an impressive comeback in the Lightning at Flemington in mid-February and extended her unbeaten record to 24 in the William Reid Stakes at Moonee Valley on Friday.
While her trainer would be quite happy to see his pride and joy finish off her career on home soil, he admits the owners are keen on a return to the Royal meeting this summer.
“On the Sunday post-Ascot last year, I was resigned to the fact she’d run her last race, but it’s amazing how she’s returned,” Moody said.
“She probably hasn’t been this sound for three seasons or so and the way she’s going about her racing, never say never – there has been quite a concerted push towards the fact she may head back to Ascot again this year.
“My mindset is that there’s definitely some unfinished business, as there is no doubt you didn’t get to see the best of her.
“I’ve got no doubt I could present her in better shape, but I believe there are a lot more options for her here and they’re a lot more valuable monetary-wise.
“Australian racing really deserves her, but the feeling I am getting from the owners is that they would very much like to come again (to Ascot).”
Should Black Caviar make the trip across the globe once more, it seems likely she will this year take in the shorter King’s Stand Stakes on the first day of the meeting.
However, Moody is not ruling out letting his star mare run in both the King’s Stand and the Diamond Jubilee four days later.
He said: “I’d feel I could give her a much softer preparation towards the King’s Stand, but if it was going to be a grand finale, you wouldn’t rule out possibly trying to do a Choisir and running in both.
“But I would think the King’s Stand will be made a prime target, as she’s already been there and done the job in the other race.”
A potential return to British soil sets up the tantalising prospect of a mating with Frankel, who retired to Banstead Manor Stud in Newmarket unbeaten at the end of 2012.
“The other aspect of it is that there is a strong concerted push for her to be bred to Frankel, which is something I do strongly support,” said Moody.
“If she came to Ascot and ran in June, she would then remain there and be covered by Frankel before returning to Australia.
“I joked about it previously, but I don’t think it would be a silly mating.
“Physically they are quite well matched and it would certainly create a lot of interest – a colt or a filly by Frankel out of Black Caviar.”