He started his 1992 campaign by successfully defending his Easter Cup crown and becoming only the third greyhound to do so and emulating Odd Blade and Spanish Battleship. He also became the first greyhound to break 29 seconds at Shelbourne on four separate occasions. The connections of the blue and brindle dog then decided to travel to England and compete in the 1992 English Greyhound Derby at Wimbledon Stadium. Farloe Melody steadily progressed through the rounds and by the semi finals was still one of the favourites to claim the title. However controversy followed when Farloe Meldoy passed the line first at 7-4f followed home by Siostalaoir and Pennys Best with Murlens Abbey and Ringa Hustle encountering trouble and the connections of Murlens Abbey squarely blaming the seeding of Ringa Hustle as the reason that they both got knocked out. In the final Farloe Melody finally drew his favoured trap six box for the first time and it resulted in an easy four length victory from Winsor Abbey who after a poor start ran on very strongly. His Irish supporters were ecstatic as he took a clear lead from Siostalaoir at the third bend. Back in Ireland he became the first greyhound to successfully defend a Dundalk International title before he targeted the Irish Derby once again. Farloe Melody remained hot favourite for the 1992 Irish Greyhound Derby despite a qualifying round defeat; he then eased to two victories in the next two rounds. The second semi was taken by Sliding Away ahead off Superfine Darkie with the hampered Farloe Melody claiming third place and deservedly earning the remaining place in the final. On an extremely wet night Manx Treasure bolted from the traps and saw off the challenge of Farloe Melody at the third bend and then held off a late finish from Radical Prince. After the race Farloe Melody was retired to stud. He was voted 1992 Irish Greyhound of the Year.
1993
Farloe Melody was brought out of retirement for a third attempt to win the elusive Irish Greyhound Derby; the bookmakers priced him up as 14-1 joint ante post favourite with Lisglass Lass. Farloe Melody won his qualifying round before a shock round two defeat and Farloe Melody was eliminated. He just failed to complete three Dundalk International wins when finishing second to Lisglass Lass in a track record time.
Retirement
After racing he was sent to Australia where he was put to stud.