After robbing a bank, a criminal is wrongfully pardoned from prison.

An auto racer driving through a small town finds himself tangled up in a local political controversy, an election and a mystery that surrounds a supposedly "haunted" car that speeds through town with no driver and disappears before anyone can catch it.

Car racer Burn 'em Up Barnes, son of a wealthy manufacturer, leaves home to make his own way in the world. After being robbed by hoodlums, Barnes joins a group of hobos who take him in and show him the carefree life.