In that third race, Red Bullet ran in the Grade II Gotham Stakes at Aqueduct Racetrack and won handily, finishing the mile in 1:34.27.
Jockey Jerry Bailey immediately restrained the colt passing the stands in seventh place six and a half lengths back in the small field of eight.
Moving into the far turn, Red Bullet started weaving between other colts, overtaking them one at a time until he passed the two leaders, Fusaichi Pegasus and speedster High Yield.
Red Bullet's connections, owner Frank Stronach and trainer Joe Orseno, did not enter him in the third leg of the Triple Crown, the 1½ mile Belmont Stakes.
Retired at the end of the 2002 racing season, Red Bullet began stud duty the following year at his owner's Adena Springs South in Williston, Florida.