Racing chocobos at the chocobo is important when you are breeding the chocobos. Many people have problems getting a blue chocobo. It is easy if you do what you are told to do. You could easily win the race and other prizes too!

Get some good nut like the Silkis Greens and feed the chocobos. That would greatly increase the staminia, and speed but it is very expensive. Go to the Gold Saucer and race the chocobo. One of them has to be at least class A and the other at class B. If you want a certain gender, I suggest you race them all to A or S. If you don't have enough speed, feed them some more of the greens.

Breed the chocobos with the nut you were told to get in the chocobo breeding lesson, and you should have the color and gender you want. For the blue chocobo, you should race the parents to class A or above. If it still don't work, try class S.

There are many great prizes you could win at the Gold Saucer. If Tifa is in your party, she may ask to ride the chocobo. When your chocobo got to S class, you could still race him. If you keep racing the chocobo, after five or more rounds, Ester (the manager) will tell you that she never seen and S class chocobos get to win so many times expect for Joe. So she'll give you some gifts including chocobraclet, sprint shoes, counter materia, and many more. So juz spend some time racing them and win great stuff from the race!