THE odds are shortening on a return to Queensland for Black Caviar, after the announcement of "an afternoon with racing royalty – Peter Moody" lunch in Brisbane next month.

CHRIS ROOTS reports in the SYDNEY MORNING HERALD that the May 9 event is being promoted by Green and Gold Events to raise money for the Central Warrego Racing Club in Moody's home town of Charleville and will be held a couple of days before the BTC Cup at Eagle Farm.

"Peter agreed to be part of this event because of the benefit it will provide for racing in the bush – namely, improved facilities at the Charleville racetrack, the place where he cut his teeth," Green and Gold Events' Rupert McCall said.

"It all started in Wyandra for Pete. There he was, a freckled-faced dreamer from a western Queensland town, population 116 – now he trains the best horse in the world."

Moody and Black Caviar's connections haven't given any indication of where the unbeaten mare's next destination will be. They had a brief discussion about the future on Saturday but will meet to make a decision next week on whether she is spelled or goes to Brisbane, Adelaide or England.

Promotion for the $200-a-head lunch, which will be held at Brisbane's Customs House, says it's "planned to coincide with Black Caviar's final Brisbane race" on May 11.

Black Caviar won her 25th consecutive race in the group 1 T J Smith Stakes at Randwick on Saturday in an effort that was rated by jockey Luke Nolen as up with her best performances.

Moody thinks the rising seven-year-old mare could race on for another season, but the lure of a second trip to Royal Ascot is tantalising for the owners, where Black Caviar would run in the King's Stand Stakes (1000 metres) on June 18.

"If she pulled up good, my recommendation would be to maybe look at another season," Moody said on Sunday. "I'd love to see her race on. She's only had 25 starts. Most six-year-olds have had 45 to 50.

"The only thing I did say [to the owners on Saturday] was that if she went to Ascot this year, it's game over."

A Royal Ascot trip would almost certainly include a visit to fellow unbeaten superstar Frankel in the breeding barn.

Black Caviar would add to a strong team of horses heading to the Royal meeting, with Newmarket Handicap winner Shamexpress a confirmed traveller, while Black Caviar's half-brother, All Too Hard, is likely to be targeted at the Queen Anne Stakes.

STORY SOURCE: SYDNEY MORNING HERALD - FAIRFAX MEDIA.