Joan (Helen Twelvetrees) is a Canadian, adopted by Ma Dawson (Nellie Ferguson), a struggling horse breeder and trainer. Joan thinks "legs don't make a race horse, it's blood", and so she buys an unwanted thoroughbred colt called Stormalong. Helped by Ma's son Tommy Dawson (Frank Leighton), Joan restores the horse to health and fitness, and soon enough the horse is winning race after race, becoming a favourite for the Melbourne Cup.