Barney Ingram, a gambler, loses his prize horse Cloverdale III to creditor Emmett Fallon, but the horse escapes after Fallon's truck breaks down near a school bus route. Two schoolkids, Lucas and Stephanie, find the horse and offer to help Emmett in exchange for a deal. They take the horse to Madame Rene, a wealthy owner, and rename it Lightning. As Stephanie trains Lightning, she aspires to become a professional rider, while Barney's mounting gambling debts threaten to ruin his life.
Lightning, the White Stallion
Barney Ingram's prized white stallion, Cloverdale III, is stolen by Emmett Fallon, a creditor, but the vehicle breaks down on a school bus route, allowing the horse to escape.