Six months after her retirement from racing, Black Caviar is embarking on a new career.

Motherhood beckons for the champion mare with her pregnancy announced on Thursday by her breeder Rick Jamieson at the unveiling of a statue of her at Nagambie, in rural Victoria, near where she was bred.

Black Caviar has tested in foal to one of Australia's best stallions, Exceed And Excel.

"I was very excited and honoured that her owners let me make the announcement," Jamieson said.

It is believed Black Caviar was served more than once to achieve the required result.

The undefeated sprinter was retired from racing soon after winning her second T J Smith Stakes at Randwick in April.

She earned almost $8 million from her 25 wins and despite only racing three times last season, she was last month crowned Australian Horse Of The Year for 2012-2013.

Black Caviar's foal is due to be born next spring and could potentially begin racing two years after that, towards the end of 2016.

The foal would be an obvious standout in any yearling sale but it is understood Black Caviar's syndicate of owners are keen to race her offspring.

Black Caviar's family has been popular at the sales with a yearling half-brother by Redoute's Choice fetching an Australian record $5 million this year.

The family has also had racetrack success through the deeds of Black Caviar's half-brother, four-time Group One winner All Too Hard who is standing his first season at stud.

Black Caviar's trainer Peter Moody and jockey Luke Nolen were among those on hand for the unveiling of a life sized statue of her on Thursday.

Sculptor Mitch Mitchell created the tribute which is based on a photograph of her scoring win number 15 at Moonee Valley in October 2011.

The brass piece of work also contains information on her career record and racetrack honours, including her induction into the Hall of Fame in 2013.