The victory was Siren Lure's first since Aug. 20, 2006, when he captured the Pat O'Brien Breeders' Cup Handicap at Del Mar.
"It's exciting," said Steve Sherman of his maiden stakes win. "I saddled many stakes winners for my father but it's great to get my first one."
Sherman said he hadn't lost any respect for Siren Lure despite the losing streak.
"In a lot of those races since he last won he got beat three, four or five lengths by the best horses around, so it wasn't really a disgrace," said Sherman. "There were Grade 1, 2, and 3 winners in those races and that wasn't the case in this race."
A stone cold stretch-runner, Siren Lure received a great set up in the six-furlong Sausalito as four horses, including Indyanne, battled for the lead through fractions of 21.37 and 44.23.
Indyanne, a 3-year-old filly facing male rivals for the first time and making her first start since Oct. 4, was a little too aggressive early, according to jockey Russell Baze.
"She was a little too fresh today," said Baze of Indyanne, who lost for only the second time in seven starts. "We had planned to let the other speed go and sit behind them but she wouldn't have it. I tried to ease her back but she wanted no part of that.
"We were caught up in a speed duel and it set up for Siren Lure," continued Baze. "Take nothing away from that horse - he ran a big race. My filly ran hard to the wire and he caught us."
Frank Alvarado rode Siren Lure, who stopped the timer in 1:09.40 and paid $12.60 as the second choice in the wagering.
"I just wanted to keep my horse outside and out of trouble," said Alvarado. "From the three-sixteenths pole to the wire he was just flying. I mean he was rolling. I thank Steve for giving me the chance to ride this horse. It's his first stakes win and I'm glad I was a part of it."
Siren Lure is a 7-year-old gelding owned in partnership by Stuart Kesselman and Tony and Marilyn Melkonian. The Sausalito victory was worth $45,000 and increased Siren Lure's earnings to $913,844.
OUT-OF-STATE ACCOUNT WAGERING RESUMES ON GGF RACES --Horse racing fans across the country that use an account wagering company to bet on racing at Golden Gate Fields are back in action.
Fans who reside outside of California had been unable to bet on racing at Golden Gate Fields or other California tracks through their account-wagering provider since Oct. 29 due to a dispute between the Thoroughbred Owners of California (TOC) and the four national account-wagering companies over revenue sharing.
An agreement between the TOC and the account wagering companies was reached Friday, meaning customers of XpressBet, Television Games Network, Twinspires.com and Youbet.com are now able to resume wagering on the races at Golden Gate Fields.