In October, after wins against older horses in the Saratoga Cup and the Jockey Club Gold Cup, it was announced that Gallant Fox would be retired to stud. At the end of the year, he was described as "easily the outstanding Thoroughbred" of 1930. Although at the time there was no organized "Horse of the Year" award, "The Blood-Horse" retrospective named Gallant Fox as the 1930 American Horse of the Year. The most respected Thoroughbred racing magazine in North America and now owned by The Jockey Club, "The Blood-Horse" commissioned an exhaustive review covering the period 1887 through 1935 to provide their list of national Champions that is used by the National Museum of Racing and Hall of Fame and Churchill Downs, Inc., among others.