04/24/2004 12:00AM

Sinister G out of Derby

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On Saturday morning, Sinister G's trainer, John Toscano Jr., said the horse would not run in the Kentucky Derby because he is still ailing from a respiratory infection.

"It would be insanity to run if he's not 100 percent," Toscano said.

Sinister G, who finished 10th in his last start in the Wood Memorial on April 10, was sick after the race and treated with antibiotics. He was taken off antibiotics after several days of treatment, but was put back on them again last Thursday when he began coughing.

Toscano said he will point Sinister G, who won the Lane's End at Turfway Park in March, to the Preakness at Pimlico on May 15 or the Peter Pan, one week later at Belmont Park.