01/20/2004 1:00AM

Last Song looks like stakes filly

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HALLANDALE BEACH, Fla. - The odds just got better that Buckram Oak Farm will be represented on Kentucky Derby weekend by a 3-year-old by Unbridled's Song.

That's because even if Eurosilver - the Unbridled's Song colt who is one of the early Derby favorites for the May 1 Derby at Churchill Downs - somehow fails to make it to the Derby, the farm still might have an Unbridled's Song filly who could run a day earlier in the Kentucky Oaks.

That filly is Last Song, who took a major step toward joining the elite of the 3-year-old filly division when she ran away to a highly impressive 8 3/4-length victory in a Monday allowance race at Gulfstream Park. The win came in her fifth career start, following three straight losses and a maiden victory on Nov. 9 at Churchill.

"We've always said this is the best filly we have," said Mohammed Moubarak, racing manager for Mahmoud Fustok's Buckram Oak.

Trained by Carl Nafzger and ridden by Edgar Prado, Last Song stalked the early pace in the 1 1/16-mile race before swooping to the lead leaving the far turn. She was easily best, finishing in 1:45.77 over a track that had dried out from a heavy rain the previous day. She earned a Beyer Speed Figure of 90.

Moubarak, a former trainer who is based in south Florida, said the victory most likely means that Last Song will run next in a stakes race. She could run back in 19 days in the Grade 2 Davona Dale on Feb. 7 or wait for the Grade 2 Bonnie Miss on March 14.

Last Song is typical of the way that both Buckram Oak and Nafzger operate. She was purchased at the 2002 Keeneland September yearling sales for $190,000, a figure that approaches the high end of Fustok's preferred spending range. And Nafzger "educated and built her up over a couple of sprints at the beginning," said Moubarak. "As soon as she stretched out, she started to improve and show her talent."

Bailey gets off Silver Wagon

Moubarak and trainer Ralph Ziadie will be shopping for a new rider for Silver Wagon, the Buckram Oak colt who finished second behind Second of June in the Holy Bull Stakes last Saturday. Ron Anderson, agent for jockey Jerry Bailey, notified Ziadie on Monday that Bailey would have a different mount for the next race in Gulfstream's series of 3-year-old stakes, the Feb. 14 Fountain of Youth.

Anderson said Bailey's choice of Fountain of Youth mounts has been narrowed down to Read the Footnotes, the Rick Violette-trained colt whom Bailey rode to victory in the Nov. 29 Remsen at Aqueduct, and Stolen Time, who will make his first start since having been privately purchased and turned over to trainer Bill Mott.

Stolen Time, formerly trained by Bill White, defeated Second of June in the Foolish Pleasure Stakes and finished third behind the unbeaten Sir Oscar in the Jack Price Juvenile in November. Mott hoped to run the colt in a two-other-than allowance Friday at Gulfstream with Bailey riding.

"We're most likely going to end up on Read the Footnotes for the Fountain of Youth," said Anderson.

Meanwhile, Bailey has a big weekend coming up. He will be at Santa Anita to ride Peace Rules in the highlight of Saturday's Sunshine Millions card, the $1 million Classic, and will stay over to ride Sightseek in the Grade 1 Santa Monica the next day. Then he will return to Florida in time to attend Monday night's Eclipse Awards dinner, where he is expected to be presented with a record seventh Eclipse for top jockey.

'Shake' sharpens for Sprint

Shake You Down worked four furlongs in 48.82 seconds with jockey Robby Alvarado Jr. aboard here Tuesday morning for Saturday's $300,000 Sunshine Millions Sprint. Regular rider Mike Luzzi will be aboard Shake You Down in the Sprint.

Shake You Down was a handful to get to the pole but settled nicely once he broke off, posting splits of 24.49 seconds and 36.78 before galloping out in 1:01.77. The track was a bit on the dull side Tuesday.

Shake You Down will be the odds-on favorite over seven rivals in the six-furlong Sunshine Millions Sprint, his 2003 debut.

* Society Selection, who has not started since finishing 10th in the Breeders' Cup Juvenile Fillies, worked six furlongs in 1:13.80 on Tuesday. Society Selection, who won the Grade 1 Frizette at 2, could make her 3-year-old debut for trainer Allen Jerkens in the Grade 2 Davona Dale Stakes on Feb. 7.

- additional reporting by Mike Welsch