Motorist Johnny Blaze skupaj z očetom Bartonom dela v cirkusu. Nato izve, da ima oče raka. Odloči se, da bo sklenil pogodbo s hudičem in svojo dušo prodal za očetovo zdravje. Toda hudič ima svoje načrte in Johnnyja prevara, saj Barton med nastopom umre v prometni nesreči. Johnny se odloči, da bo zapustil cirkus, rodno mesto, prijatelje in svoje dekle Roxanne. Leta kasneje Johnny postane uspešen motorist, ki v svojih nastopih vedno tvega življenje. Ponovno sreča Roxanne in hudiča, ki mu ponudi nov pakt.
When the motorcyclist Johnny Blaze finds that his father Barton Blaze has a terminal cancer, he accepts a pact with the Mephistopheles, giving his soul for the health of his beloved father. But the devil deceives him, and Barton dies in a motorcycle accident during an exhibition. Johnny leaves the carnival, his town, his friends and his girlfriend Roxanne. Years later Johnny Blaze becomes a famous motorcyclist, who risks his life in his shows, and he meets Roxanne again, now a TV reporter. However, Mephistopheles proposes Johnny to release his contract if he become the "Ghost Rider" and defeat his evil son Blackheart, who wants to possess one thousand evil souls and transform hell on earth.