Set against the glamorous backdrop of Formula 1 racing in the 1970s, the plot centers around the intense rivalry between two of the sport’s greatest competitors. English playboy James Hunt is a charismatic and talented driver who relishes the spotlight, living a fast-paced life of excess both on and off the track. His polar opposite, the methodical and disciplined Austrian Niki Lauda, relies on precision and technical expertise to gain his edge. Their contrasting styles and personalities set the stage for a series of thrilling races that captivate the world's attention.

The rivalry escalates when both drivers push themselves and their cars to the limit in their quest for the 1976 World Championship title. The competition proves to be as psychological as it is physical, with each man facing his own inner demons and external adversities. As Hunt's hedonistic tendencies threaten to derail his career, Lauda's relentless pursuit of perfection leads to life-threatening situations. Their mutual respect grows even as their rivalry intensifies, culminating in a season that tests the limits of their endurance and willpower. Their battles extend beyond the race track, impacting their personal lives, and shaping both their destinies and the sport of Formula 1 racing forever.