Corboy (85) died in a Christchurch rest-home on Tuesday.
He was cremated yesterday.
Corboy was based at Washdyke when he trained Grey Way, the winner of 51 races, including one in Australia from 159 starts between 1972 and 1980. He earned stakes of $238,025.
Grey Way, a grey gelding dubbed the Washdyke Wonder, won his first start as a 2yr-old in October 1972, at Rangiora.
The son of Grey William and Waybrooke won every season until he was a 10yr-old, his last win coming on the same track.
His wins included the 1977 Easter Handicap at Ellerslie under 60.5kg, the 1976 Stewards' Handicap at Riccarton, the 1976 Awapuni Gold Cup and 1974 Chirnside Stakes at Caulfield.
Corboy trained Young Prince, ridden by Jim Hely, to win the 1954 Grand National Steeplechase at Riccarton at the outset of his training career.
Corboy had ridden over jumps, winning the Otago Steeplechase on Colonel Smart (1949) and Desert Trek (1952).
He trained the Otago Steeplechase winners Sweeney Todd (1983,85) and Alaska Lad (1987).
Corboy won the Dunedin Guineas at Wingatui with Orb (1984) and Lejano (1978).
Corboy retired to Rangiora with his wife, Colleen. His son-in-law, Gus Clutterbuck, was then at Rangiora in charge of the Te Akau stable. Clutterbuck is now in Singapore assisting Te Akau trainer Mark Walker.
Peter South, the South Canterbury owner-breeder, of Grey Way, died in February at the age of 74.