07/23/2008 12:00AM

Sidney Craig, owner, dead

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Sidney Craig, a prominent horse owner who co-founded a famous weight-loss company with his wife, Jenny Craig, died on Monday after a five-year bout with cancer, his family said. Craig was 76.

Along with his wife, Craig became famous in racing through the success of horses such as Paseana and Dr Devious. Paseana won two Eclipse Awards as the outstanding older female of 1992 and 1993. Dr Devious won the 1992 Epsom Derby for the couple.

The Craigs won other major stakes with runners such as Alpride, Bienvenido, Brave Act, Candy Ride, Different, Exchange, and Tossofthecoin.

In 2003, Candy Ride won the Pacific Classic at Del Mar for the Craigs, a favorite win for them because of the track's proximity to the couple's home in Rancho Santa Fe.

"He did it all," said Bill Spawr, who trained for the Craigs for nearly two decades. "He bought. He claimed. He bred. I think he even gambled, by the way. He was complete. He was a good guy, the kind you like to be around.

"Racing will really miss him."

A memorial service is scheduled for Tuesday at 10:30 a.m. at the church of The Immaculata at the University of San Diego. Craig is survived by his wife, Jenny, and five children.