A horse with great potential is reluctantly sold by the breeder and by chance passes through multiple hands who do not treat him well.

Rich and beautiful Southern heiress Sally Warren loves horse-racing and running her horse-farm although her husband of seven years hates the four-legged mammals. Spouse Jeff Warren is a successful author, Civil War scholar, and popular lecturer on the ladies club circuit. After Jeff buys aging twelve-year old nag Albert in the mistaken belief that he's a colt and Sally purchases a desk for her husband in the naive belief that it once belonged to Jefferson Davis, it's obvious that they have few interests in common. The squabbling is complicated by Jeff's jealousy of Sally's relationship with Lance Gale, her childhood friend, neighbor, and fellow horse breeder.

Horse breeders Adams and Brock are vying for the Army contract. When Adams is killed trying to ride his horse Trigger, Roy saves the horse from being shot. He trains him and then plans to ride him in the race to win the contract.

When Martin Knox, a friend of Scattergood's who owns a horse-breeding farm, is killed in a harness race Scattergood tells Martin's son Dan that he will send him to college if he forgets about taking over his father's business, which was heavily mortgaged and has been put up for auction after Knox's death. The boy reluctantly agrees, but when he discovers that his favorite horse Starlight is sick, he decides to bring the animal back to health and then enter him in the Governor's Race, whose $5000 prize would enable Dan to pay off his father's mortgage and keep the business in the family.

In the Darhat valley in northern Mongolia, the horses of nomadic tribes are stolen by bandits who then sell them to Russian slaughterhouses. Shukhert, a brave horseman, relentlessly pursues them through the Mongolian taiga, bordering Siberia.

Documentary about the process of horse breeding and the progress a foal makes and what you should consider.