Michelle Payne (Image: Racing Photos)

Michelle Payne (Image: Racing Photos)

Michelle Payne eyes more Melbourne Cup history

Michelle Payne confirmed she would continue her race-riding career in 2017, with the aim of riding a horse she trains in next year's Melbourne Cup.

The 2015 Cup winning-jockey has overcome adversity yet again in 2016, fighting back from life-threatening injuries from a race fall in Mildura to ride and train her own winner - the first to do so in professional racing in Victoria.

And while Payne, 31, said she had given thought to hanging up the silks for good, she wants to ride again in the race that etched her name into the record books.

"[Retirement] is not too far away," Payne said on Wednesday.

"It's a very dangerous sport, and I've had my fair share of falls and don't want to push my luck.

"In saying that, I think you have to live your life doing what you love doing because you never know what's around the corner.

"My main plan is to hopefully in mid-year, June or July, head over to Europe and find myself a horse for the Melbourne Cup.

"The plan would be to ride and train that myself.

"It couldn't get any more special than that.

"You've got to dream big, and that's what I'm doing."

At a press conference at her Nottingham Farm property on Wednesday, Payne also announced a new initiative titled 'Women In Racing' - designed to attract women into racehorse ownership, a joint venture with Australian Thoroughbred Bloodstock.

She has already unofficially done that via her deeds on the racetrack, and also actively brought her Loreto College school friends together in the ownership of Duke of Nottingham, who has now won twice.

"Riding's my life, and mainly you see men at the races enjoying the sport, and that's fantastic," she added.

"But it's great if we can get more women involved as well. It's so much fun.

"My school friends, it's their first time experiencing it. Their very first horse is Duke of Nottingham, we're having the best time and that's what racing's all about."

Outside of horse flesh, Payne has two new additions to her set-up at Ballarat.

Stevie Payne, formerly of the Darren Weir stables, has moved across to join his younger sister, while Horsham trainer Greg Baker has become Payne's stable foreman.

"He [Baker] approached me mid last year when I had the fall, and asked me if I'd be interested in him joining my team, and doing all the behind-the-scenes work when I'm away," Payne said.

"You need somebody who knows what they're doing, so that couldn't be more perfect."

On her famous brother, the Melbourne Cup-winning strapper, Payne added: "Stevie's started working for me in the last couple of weeks.

"He's absolutely loving it - he gets here half-an-hour before me every day, and starts everything up and sends me a message, 'Are you coming to work this morning?'

"But he's definitely loving the role of being in charge, and doing the behind-the-scenes work.

"He has a share in the farm, so it's very special to both of u