Squire Gordon's favorite thoroughbred is Black Beauty. But he is forced to sell the handsome stallion and the mare, Ginger. After Black Beauty has saved lady Anne's life, he is a hero in his new home - until the night his knees are broken by a drunken groom. From then on, he is sold and resold to many masters, kind and cruel. And one lucky day he goes home to a groom who knows and loves him.