Racing Stripes tells the story of a baby zebra named Stripes who is accidentally abandoned during a rainstorm and found by horse trainer, Nolan Walsh (Bruce Greenwood). Nolan takes him home to live with him and his daughter, Channing (Hayden Panettiere) on their Kentucky farm - and the confused zebra grows up believing he is a racehorse.
Ben Crane (Kurt Russell) believes that a severely injured racehorse deserves another chance. He and his daughter Cale (Dakota Fanning) adopt the horse and save it of being sacrificed by the owner (David Morse). The arrival of the mare to Crane's farm, will be the perfect opportunity for both father and daughter to reconstruct their lost familiar bond. "Soñador" (Dreamer in English), the renamed mare, despite its broken leg, maybe could have another chance to return to the racecourse, with the help of Cale, Ben, and his father, Pop (Kris Kristofferson)