Colonial Colony, who won last year's Stephen Foster Handicap (gr. I), has been retired from racing and will enter stud at Doug Arnold's Buck Pond Farm near Versailles, Ky. The 7-year-old son of Pleasant Colony is the first grade I winner to stand at the farm."We are very excited to have our first grade I winner to stand at Buck Pond Farm and feel he is a great addition to our stallion roster," Arnold said. "He has everything we desire in a stallion prospect--extremely good looking, a great stallion family, and he retired completely sound."Colonial Colony's win in the 1 1/8-mile Stephen Foster at Churchill Downs came by a nose over Southern Image after a stretch duel, with the previous year's winner, Perfect Drift, finishing five lengths farther back. Also in the beaten field were Peace Rules and Midway Road. Following that hard fought win, Colonial Colony was beaten a length in the 1 1/4-mile Suburban Handicap (gr. I) at Belmont Park in a fourth-place finish.Colonial Colony retired with four wins and 15 placings from 40 starts and earnings of $921,345 while racing as a homebred for Chris Nolan. He finished second twice in consecutive runnings of the National Jockey Club Handicap (gr. III). Although winless this year, he managed to run second in the Maxxam Gold Cup Handicap.Colonial Colony, who was produced from the stakes-winning Northern Fashion mare Jen's Fashion, will have his fee announced at a later date.