Bambi is the sixth track on Prince's second album Prince, and, eleven months after the album's release, Bambi was released as the album's fifth worldwide single, only available in Belgium and the Netherlands.
Earlier in 1980, the track was released as as the b-side of some versions of Why You Wanna Treat Me So Bad?, the album's second single (released in the USA and New Zealand).
Two months later it was included as the b-side of Still Waiting, the album's third single (released in the USA and New Zealand). The following month it was released as the b-side of Sexy Dancer, the album's fourth single, only on the UK release.
In 1991, a re-recorded rap version (titled Bambi (Rap)) by T.C. Ellis was included as the eleventh track on T.C. Ellis' first and only album True Confessions. Although the track was authorized by Prince, the track had no input by Prince and is considered a cover version.
While specific recording dates are not known, the album sessions took place from late April to late May 1979 at Alpha Studios, Burbank, CA, USA. Overdubs and mixing took place at Hollywood Sound Recorders in Los Angeles, California.
Bambi was re-recorded on 14 June 1993 at Paisley Park Studios in Chanhassen, Minnesota (along with versions of The Ride, Poorgoo, Honky Tonk Women, Zannalee, The Undertaker and Dolphin, the day before recording Calhoun Square), as part of the session for the aborted The Undertaker album released on film in 1995 as The Undertaker.