Red began to lose his cool because of his overdue payments to Loan Shark. Loan Shark threatened to reveal why Red needed the 10 grand if he doesn't pay up in 24 hours. Red then went riding to clear his head and ran into Ghost Rider and is scared out of his wits. The next day he is kidnapped by Loan Shark and taken to a boat for execution. Blaze follows him and turns into Ghost Rider to save him. Red oversees the transformation and realizes that Blaze is the demonic biker. He decides to keep the info to himself, decides to be Johnny Blaze's friend.
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