In 1727, an Arab colt is born with the signs of the wheat ear and the white spot on his heel: evil and good. And thus begins the life of Sham. He is a gift to the King of France, through a series of adventures with his faithful stable boy, Agba, he becomes the Godolphin Arabian, the founder of one of the greatest thoroughbred racing lines of all time.

Much to his disapproval, a wealthy man finds history repeating itself when his daughter falls in love with a poor boy, who also happens to be the son of a past enemy.

Tad's dream is to attend a military academy so he can grow up to be a great soldier and a war hero, like his father. What he doesn't know is that his father, Slag, is actually a thief and a derelict. Slag robs a factory in order to get the money to send Tad to military school, then gets a job at the academy's horse stables to be close to his son, who doesn't know he's alive.