What wastuo story, " The Black Stallion" about?

It was about While traveling with his father, young Alec becomes fascinated by a mysterious Arabian stallion that is brought on board and stabled in the ship he is sailing on. When the ship tragically sinks both he and the horse survive only to be stranded on a deserted island.

Basically about a boy, who bonds with and tames, a wild stallion, and enters him in a race, and they become quite famous