A consortium of international criminals tricks Speed Racer and the Car Acrobatic Team (though seen a few times during flashbacks, the team is minus Snake Oiler, either dead or still injured as a result of his crash in "The Most Dangerous Race") into a dangerous grudge race; this in order to destroy them and also smoke out Racer X, a.k.a. Secret Agent 9. The criminals attack Racer X and reveal themselves to be behind many of the clandestine actions seen in previous episodes...