Trainer Peter Moody is definitely considering a return trip to Royal Ascot with champion mare Black Caviar, but he would prefer it to be in 2014 rather than this year.

As he prepares the unbeaten superstar for Saturday's TJ Smith Stakes at Randwick, Moody is also giving plenty of thought to a future that is being dictated largely by the mare's outstanding good health and soundness since returning from the longest spell of her racing career.

While Moody says he has not discussed running Black Caviar at this year's Royal meeting with her owners, he is aware they are contemplating a return to the scene of her closest brush with defeat.

But Moody has told the owners he believes a trip to England - whenever it occurs - would be the end of the road for the horse that has shaped his career.

"I've had no discussions with the owners about it at all," Moody said.

"It's obviously in their mind, but I've never hidden my feelings, I think we deserve her here.

"If she went to England it would be the end of her career."

A scenario that appeals to Moody is to run Black Caviar in Melbourne next spring in the Group One sprint treble - the Schillaci Stakes, Manikato Stakes and the likely-to-be-renamed Patinack Farm Classic.

"You could then come back in the autumn and run in the Lightning Stakes and the William Reid, and then go to England," he said.

After watching Black Caviar in her final gallop for Saturday's race, Moody said it had taken her until now, as a six-year-old, to reach the peak of her powers.

"It might sound silly, but she's now the complete package," he said.

"She's as sound as she's been for three or four years ... she's going as good as she ever has."

The trainer also repeated his earlier assertion that Black Caviar wouldn't run if Saturday's Randwick track was too wet, which is a definite possibility.

In keeping with his desire for as many people in Australia as possible to see Black Caviar, Moody is disappointed that building works at Randwick will restrict Saturday's crowd to less than half of the course's capacity.

"In a way it's sad there's only going to be 20,000 or so on Saturday," he said.

Black Caviar will return to Moody's Caulfield stables as soon as possible after the TJ Smith and await a decision on her future.