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Alec Ramsey (Kelly Reno) and his father are on a ship that also contains a beautiful black stallion which is owned by a frightening Arab, Larbi. There is a fire onboard ship, and the boy and horse are soon in the water. Both wind up on a deserted island, where Alec and the stallion gradually establish contact and rapport. During the rescue the horse escapes. Back in the USA, Alec finds the horse at a farm owned by Mickey Rooney. Mickey trains the horse; Alec becomes a jockey. And there is a big race to be won.