No it doesn't. And try putting Tifa in the party as well: she'll fill in as jockey as well.
This most likely stems from the part of the game where (SPOILER)Cloud is incapaticated and Tifa has to lead, then opts out to take care of Cloud, leaving Cid in charge for a while.
Getting blue and green chocobos to Class A should be adequate for breeding a black chocobo.
Teioh's stats are a reflection of your chocobo; he's always better, but his jockey doesn't make him go full tilt, so you can outpace him almost every time with a good enough chocobo. I've beat him every time with my black and gold chocobos, on the short course at least.



					
				

					
					
					
						
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