In his 2006 book Designing Speed in the Racehorse, author Ken McLean wrote that Red Ransom "was a sensationally fast juvenile."
Bred by Paul Mellon and raced under his Rokeby Stables banner, he was sired by the 1972 Epsom Derby winner, Roberto.
He made his second start in early September at Belmont Park, scoring another win in a six furlong allowance race.
Triple Crown series, Red Ransom made his return with a second-place finish at Florida's Gulfstream Park.
Retired to stud for the 1991 season, Red Ransom stood in the United States until 1999 when owner Paul Mellon died and he was sold to a breeding syndicate.