[3][4] Gallo Blue Chip was purchased by his owner, Martin Scharf, for $100,000[5] from Chris Oakes of Lockport, New York.
(Daniel Dube, February 21, 2008)[11] At the close of 2000, Gallo Blue Chip had won more than $2.4 million, becoming the Standardbred record holder for winning the most money in any single racing season.
[7] He also won the United States Trotting Association and Canadian (O’Brien) Three-Year-Old Pacing Colt of the Year awards in 2000.
[7] Gallo Blue Chip became the all-time leading money-winning pacer in 2001 with $3,227,861 by winning the Canadian Pacing Derby Prep.
[7] He was the first pacer in the history of harness racing to earn more than $4 million in winnings, having done so in 2003 as a six-year-old at the Presidential Series final.
[7][12] In 2005, Gallo Blue Chip retired "as the sport's leading money winning pacer" and Standardbred gelding of all-time.
[4][7] Gallo Blue Chip was inducted into the Harness Racing Hall of Fame on July 3, 2011, having received 34% of the votes from members in good standing of the United States Trotting Association.