The story centers around Johnny and Barton Blaze, a father-son daredevil duo performing in a circus, each generation having made a pact with the devil to become the infamous Ghost Rider. During a thrilling performance, young Johnny nearly slips while doing a stunt, prompting his father to scold him afterward. Barton warns Johnny that every action has consequences, a lesson Johnny brushes off as typical teenage bravado, despite his father’s own bad habit of smoking.