In ancient times, a man named Claus, who delivers toys in his small village, fulfils his destiny to become Santa Claus after meeting an expert toy-making elf, Patch, in the North Pole. In the present day, Santa Claus has become overwhelmed by his workload, and the disgruntled Patch flees the workshop to New York City. There, Patch unknowingly threatens the fate of Christmas by taking a job at a failing toy company run by a scheming businessman.

Promising young racing car driver Joe Joe Quillico leaves the stock car racing scene in the United States in order to pursue Grand Prix racing in Europe. After limited success he manages to win the Spanish Grand Prix. His love life however, is much less successful and his winning on the track only serves to alienate the woman he loves - with unhappy consequences.