I've Got a Horse is a 1938 British comedy film directed by Herbert Smith and starring Sandy Powell, Norah Howard and Felix Aylmer.

[1] Sandy accepts a racehorse called Lightning as settlement for a bad debt.

When he enters the horse in a race and it starts doing circus tricks and loses the competition, Sandy realises the animal's future and his own lie in the circus.

I've Got a Horse at IMDb

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