A traveling renaissance fair, emulating the days of King Arthur, tours the countryside led by a noble yet tormented leader named Billy. This unconventional troupe, consisting of performers dedicated to the medieval code of honor, stages elaborate jousting matches using motorcycles instead of horses. Billy, who takes his role as king very seriously, strives to maintain the integrity and cohesion of his group while wrestling with his inner turmoil and the pressures of leadership. As the troupe navigates various challenges and attempts to keep their lifestyle afloat, tension starts to brew among the members, testing their dedication and unity.

The close-knit community faces escalating external threats and internal conflicts that challenge their utopian ideals. Loyalties within the group are tested as they contend with issues like commercialization, personal ambitions, and differing visions for the future. Billy's steadfast commitment to their knightly code clashes with the pragmatic desires of some members, leading to emotional and philosophical confrontations. As these tensions peak, the troupe must decide whether to stick together under these ideals or adapt to changing circumstances. This clash between holding onto a dream and adapting to reality shapes their journey, with profound consequences for everyone involved.