The story of the understanding and love between a boy and a magnificent wild horse and the adventures and dangers they shared.
When a shipwreck leaves Alec Ramsay stranded on an island with only a wild stallion for a companion, the boy and the horse establish a warm and trusting friendship. Following their rescue their adventure continues in America.
Separated when an Arab sheik claims the prized black stallion as his own, Alec and Black must endure a dramatic adventure in the Arabian desert in order to reunite.
Alec Ramsay gets the chance to discover which of his two stallions, the Black or his son, Satan, is faster when the two horses must race for their lives from a raging forest fire.
When his wild black stallion revolts against the routine and schedule of stable life, becoming a killer and a threat, a plane crash thwarts Alec's plans to give the Black a free run in the desert and brings danger to both boy and horse.
Alec Ramsay has a hard time persuading his partners to retain the girl he hires as a trainer and an even harder time convincing them to let her race the Black Stallion when Alec is suspended as a jockey.