MELBOURNE, AUSTRALIA - NOVEMBER 06: The Melbourne Cup is displayed during the 2017 Melbourne Cup Parade on November 6, 2017 in Melbourne, Australia. (Photo by Matt King/Getty Images)

Melody Belle will return to New Zealand after a disappointing finish in last Saturday's Group One Winx Stakes.

The New Zealand champion was second-up but failed to give a real indication of its improvement since resumption.

Fortuna Syndications director John Galvin spoke about the chance to bring home his pride and joy.

"She's booked to come home on Sunday," Fortuna Syndications director John Galvin said.

"We actually think she's going quite well, it's just that her first-up run (when sixth in the Missile Stakes) was her standard first-up run and obviously she had no luck on Saturday.

"She got into a nice spot and then one of the other horses, Con Te Partiro, came across her and she got shuffled back and then no gaps opened for her at any stage. But she was quite strong to the line."

The 10-time G1 winner was headed towards the Empire Rose Stakes (1600m) at Flemington- a race she won last year- but with several logistical hoops to jump through due to the Victorian COVID-19 situation, Melody Belle is now likely to race in New Zealand through the spring and into summer.

"She's had seven runs over there without greeting the judge and our ownership team back here in New Zealand are quite frustrated because they can't go to the races and there's some nice targets for her here," Galvin said.

"We thought it'd be better to take the uncertainty out of it, pull the pin on her spring campaign in Australia, bring her back here and aim her at some of the spring and summer targets. If she goes well, we can look at Australia in autumn and look at The All-Star Mile and races like that."

It is likely this will be the mares final season before she heads off to be a mother, with Galvin speaking about her options across the Tasman.

"She's not nominated but there is a late nomination fee option for her," Galvin said.

"The first race (G1 Tarzino Trophy, 1400m on September 19) will probably come up a bit early given that she's got to come home from Australia.

"We haven't ruled out the last two completely and there's a couple of nice targets for her later in the year in the Captain Cook Stakes (G1, 1600m) and the Zabeel Classic (G1, 2000m). She hasn't raced in those races before.

"But Hawkes Bay is still on the radar and we'll make a decision on that once she gets back and Jamie gets to look at her, he hasn't seen her since The All-Star Mile on March 14. Everything is on the table."

The lesser prize money on offer in New Zealand is no deterrent for bringing the mare home.

"I have had an amazing response from the syndicate members about this decision," Galvin said. "I have been inundated with positive comments with people saying they can't wait to see her and catch up with all of the crew.

"The money side is not so important. The horse doesn't owe us anything and the fact that she is racing in Group 1 races worth $200,000 as opposed to $1 million over there is not the most important factor to the members of the syndicate. We just can't wait to see her."