In the distant future, the human race nears extinction and a new race of beast-like creatures rule the earth. The few surviving people live in the City, a huge protected construction with the ability to travel in both space and time. The City travels back to our time to save humanity...

Born into a legendary racing family, jockeys Damien Oliver and his brother, Jason, followed in their father's footsteps. Ray Oliver died tragically in a racing accident when the boys were young. But racing was in their blood, and Damien in particular inherited his father's gifts. His eye was on the greatest championship of them all, the prestigious Melbourne Cup. After years of training, he was ready. Damien would ride the powerful but temperamental Media Puzzle, under the watch of the great Irish trainer Dermot Weld. Some were not so sure about Media Puzzle's chances, but Weld was confident that the great jockey and spirited horse would make an unbeatable combination. As racing day approached, horses, jockeys, trainers, owners, fans and the media from around the globe descended on Melbourne. Weld's fiercest rival, Sheikh Mohammed, the Crown prince of Dubai, sent his best horses...

Phar Lap, the legendary Australian racing horse, is as well-known today for his mysterious death as for his fabulous accomplishments in life. Beginning at the end, the film flashes back to the day that Phar Lap, despite his lack of pedigree, is purchased on impulse by trainer Harry Telford. Phar Lap loses his first races, but Telford's faith in the animal is unshakable. Suddenly the horse becomes a winner, thanks to the love and diligence of stableboy Tommy Woodcock. American-promoter Dave Davis arranges for Phar Lap to be entered in several top races, where his "long shot" status results in heavy losses for the professional gamblers. Just after winning an important race in Mexico, Phar Lap collapses and dies; though the film never comes out and says as much, it is assumed that the horse was "murdered" by the gambling interests.