Luke Nolen on Black Caviar in 2012.Luke Nolen on Black Caviar in 2012. Photo: Getty Images

Unbeaten World champion Black Caviar gave birth to her second foal, a colt by Sebring, in the Hunter Valley on Thursday morning.

The colt and mum are doing well.

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Being a colt, by a Golden Slipper winner out of a world champion, it would be worth millions of dollars but the owners have said they will retain and race all the sons and daughters of the great mare.

Black Caviar had an Exceed And Excel filly last year, which will probably be seen at the races next year.

Black Caviar ranks alongside Australia’s greatest racehorses, she won 15 Group 1s, including the Diamond Jubilee Stakes at Royal Ascot in 2012. She won three Lightning Stakes, a race that now carries her name, two VRC Classics, two William Reid Stakes and two T.J. Smiths, which was her racing farewell in 2013.

Her next mating has not been decided but it is believed Snitzel is near the top of the list of options.

@Save_Revenge a colt by Sebring last night. Mum an son both good. Congrats owners an farm