Third Stage: Cannon City (
At the end of the Third Stage, every major competitor is making a break for the finish line. They are given the choice of going around the lake, but Diego, then Gyro and Johnny choose to directly cross it. However, Johnny warns Gyro that Diego's dinosaur senses give him an edge for exploiting the landscape and more importantly, that Gyro doesn't have the will to win on par with the British jockey, which gives Diego the upperhand.
Gyro doesn't listen to Johnny, who ends up deciding to ride around the lake, and follows Diego across it. The swim exhausts Valkyrie and the horse isn't able to catch up to Silver Bullet. Diego spits a gastrolith at the ground which rebounds and slightly wounds Valkyrie's leg. Another turnabout occurs when at the last moment, Johnny passes Diego and finishes before him. However, the true winner of the race, Hot Pants, had already passed the finish line an hour ago. Gyro acknowledges his defeat and resolves to try to get the necessary will to win.