Black Beauty, a magnificent stallion, is born on a rundown family farm and loved by young Joe Evans (Mark Lester). Growing up together, the boy and his horse are inseparable - until the wicked new squire (Patrick Mower) forces the Evans family from the farm and steals Black Beauty away from Joe. Escaping from his cruel new master, Black Beauty finds himself caught up in a series of adventures - racing with gypsies, performing at the^circus and even going to war. Back home, Joe has never given up hope of being reunited with Beauty, and is determined to find the great love of his childhood days once more...