In the aftermath of Fiorente's Melbourne Cup win, trainer Gai Waterhouse is keeping all options open.

A return to his homeland for the Royal Ascot carnival in June and another tilt at the Cup a year from now are both under consideration.

No stranger to publicity, Waterhouse experienced it at a different level the day after Fiorente held off gallant English visitor Red Cadeaux to win Australia's most famous race.

She and the horse posed happily at her Flemington stable in the early morning before the trainer fulfilled a host of media commitments along with several of Fiorente's many owners.

Waterhouse was the winner in a bidding battle for Fiorente in England last year with several other Australian trainers targeting him as a Melbourne Cup contender.

Fiorente ran second in last year's Cup and despite the prospect of a huge weight in 2014, Waterhouse can find reasons not to it again.

"Who's to say Fiorente won't come back again," Waterhouse said.

"I know it hasn't happened very often but I think he's a horse who could easily do it.

"He hasn't been weighted yet but lots of things can happen between now and then.

"I don't know if Red Cadeaux will be back but there was a good gap between Red Cadeaux and the rest of the field."

Carrying 55.5kg, Fiorente beat Red Cadeaux by three-quarters of a length with third placed Mt Athos another length and a half away.

When Makybe Diva won the first of her three Melbourne Cups in 2003 she carried 51kg. She set a weight carrying record for a mare in 2005 when she won her third.

Waterhouse may have to convince Fiorente's owners of the plan with one, Ross Herron, saying weight would be against him and flagging the possibility of the world's richest race, the $10 million Dubai World Cup in March.

"There's no point in running him in another Cup. He'll have too much weight," Herron said.

A return to Flemington for the Group One Australian Cup before Dubai is also high on the agenda.

"He's the right horse to take to Ascot, but let the dust settle," Waterhouse said.

"I'm looking to the autumn first and then if he is hale and hearty the Australian Cup is an option."

She said Fiorente came through the 3200m trip in fine fashion and trotted and cantered on Wednesday morning before a swim in the track pool.

After fulfilling her obligations to talk about the horse, Waterhouse appeared in another familiar setting, the Oaks Club luncheon on the eve of Ladies Day at Flemington.

She said the reality of her famous victory was only just sinking in.

"It's been non-stop and I think as it goes on, it sinks in more - the magnitude of it," Waterhouse said.