Sugo Asurada, a weak team, plans to introduce a new machine "Asurada G.S.X." for Fujioka Qualifying, where they will compete for the right to participate in the All Japan Grand Prix. However, while transporting the machine, they are suddenly attacked by a mysterious helicopter. Hayato Kazami, who was accompanying the team on his motorcycle, is forced to deliver Asurada to Fujioka Circuit by himself under the tense situation. As a novice driver, Hayato struggles to handle the cyber machine, but he manages to arrive just in time for the inspection deadline.

The Sugo team heads overland to Hokkaido to compete in the All Japan Grand Prix at the Niseko Circuit. The trip goes smoothly, but at a service area they stop along the way, they happen to find a girl who is the victim of a kidnapping that was reported in a news flash. Hayato's group succeeds in seizing the man they believe to be responsible for the kidnapping, but the man, Bleed Kaga, is not the real kidnapper. Taking advantage of the confusion, the kidnapper escapes in Kaga's suspected car with the girl as a hostage. Hayato pursues them with Asurada. Kaga also gets in the passenger seat of Asurada to retrieve his own machine. However, Kaga's machine, Proto Jaguar, is a formidable machine even for an amateur driver. Kaga, impatient with Hayato's conservative driving, obtains data from Asurada and gives him driving instructions one after another, and succeeds in bringing the car to a halt.

Hayato performs well in the qualifying round of the All Japan Grand Prix. However, Edelhi Bootsvorz stands in his way as a new assassin. He is determined to crush Hayato and take Asurada. After the race starts, Hayato is immediately attacked by Bootsvorz, and an intense dogfight develops on the circuit. Ōtomo, who told Hayato that the tires will change the outcome of the race, enters the pit stop as early as the second lap.

The circuit was in turmoil due to the sudden downpour. With the other cars entering the pit stop at the drop of a hat, Hayato and Ōtomo, who were the first to do so, took advantage of the situation. While the two were far ahead of the others, Shinjō was the only one who calmly sensed the situation and boldly made a one-lap pass to change to rain tires. Bootsvorz's interference did not go his way, and he retired from the race. Jackie Gudelhian and Franz Heinel, who were expected to be invited to the race, also retired, and they had a fight instead of racing, making for a rough race. Despite being one lap behind, Shinjō overcame the pit stop chaos and kept his 3rd place position with a smooth tire change. He was able to keep up with Ōtomo in 1st place and Hayato in 2nd place. Shinjō's driving technique and a one-step early change to slick tires helped him to jump up even further. Finally, he overtakes Hayato and Ōtomo to take the top position.

To save money, Sugo takes the sea route by boat to the Grand Canyon in the U.S., the stage of the first round of the World Grand Prix. Hayato and his friends enjoy a relaxing sea trip. There, Hayato and Asuka Sugō confide their concerns to each other. Hayato's parents are unreachable, and Asuka's brother, Osamu, has disappeared. As the team's tension gradually increases in preparation for the first round, Pei is injured while performing maintenance. Moreover, the blood needed for the transfusion was of a special type, so the team had to go to the U.S. military base, which was two hours away one way, to get it. Pei's life is in danger. Hayato decides to transport Pei by sea in Asurada, and has Miki and the others convert Asurada into a water-powered vehicle, which Pei is then loaded onto. In the rough seas, Hayato sprints to Pei's rescue.

The Sugo team arrives at the Grand Canyon in the United States. Hayato and his team decided to have dinner at a drive-in and were excited about tomorrow's race. Knight Schumacher, a masked British racer, was staring at them from a table far away. Schumacher looks as if he has known Hayato and Asuka for a long time. Unbeknownst to Hayato and the others, the situation was progressing.

The first round of the Cyber Formula World Championship was finally held at the Grand Canyon in the United States. Hayato shows tremendous enthusiasm as it is his first time to compete in the world championship, a big stage. He showed a brilliant performance that was hard to believe for a beginner, and jumped to the top in a commotion right after the start of the race. The Sugo crew was happy to get off to a good start in the Grand Prix, but Hayato was given a 60-second penalty for his false start.

The disappointing loss in the first round shook the team's relationship of mutual trust. The conflict between Hayato and his crewmates heats up as Hayato insists on his own legitimacy, and finally, unable to admit his own faults, he runs away from the team. Hayato wanders the streets without a place to return to, and gets tangled up with a customer at a bar and passes out.

Kaga suddenly appeared in front of Hayato and his teammates to scout for Hayato as a partner to participate in a "farce race," which is not a regular race run by FICCY. His teammates are vehemently opposed to participating in a crash race with no rules, but with Kurumada's permission, Hayato is allowed to participate in the crash race. Gray and his team of mechanics were a group of ruffians, and the race was so fierce that the slightest carelessness could result in death. Hayato is overwhelmed by the surprises, and Kaga encourages him.

Since the second round was expected to be a tough rally race, Miki and Pei upgraded Asurada to a rally type. During the test run, Asurada seemed to be behaving strangely when cornering. However, there was nothing out of the ordinary, and Asurada itself was judged to be fine, but Hayato was the only one who felt something strange about the car's frame. Pei and Hayato are at odds with each other, refusing to budge on their respective claims.

The second round is held in Peru. Hayato and Asuka take a walk around the venue before the main event and meet a girl in a wheelchair, Rita, who says she is a fan of Cyber Formula. Rita is already able to walk without a wheelchair, but she is too anxious to accept this fact and is unable to let go of her wheelchair. Hayato wants to help Rita, so he goes around to each of the racers to ask for their autographs.

The second round in Peru, divided into the first and second parts. During the race, Hayato hums a song for Rita's birthday. The momentary lapse is intercepted by Bootsvorz, who has been after Asurada for some time, and Hayato and Asurada fall down a cliff. Hayato steps out of the car to restore the cyber system, but he slips and falls further down, temporarily losing his sight. Everyone predicted Hayato's retirement, but Asurada, trying to let him know where he was, tactfully sang a song he had just learned.

The third round was held in Brazil. This course was famous as one of the fastest circuits in the world. The Sugo team adjusts Asurada to high-speed specifications. Miki gave up a concert by her favorite girl band "G-GRIP" for the maintenance. Before joining Sugo, Miki had a dream of becoming a mechanic, and when she could not get a good response from any team, she was encouraged by G-GRIP's songs. When Hayato, Maki, and the other teammates learn of this, they devise a plan to help Miki. Hayato, Maki, and Asuka, posing as press, entered the concert hall and began to videotape the event.

The third round of the season opens in Brazil. Hayato and his teammates are reunited with Hiyoshi, the driver who left Sugo at Fujioka. Meanwhile, Smith, who is targeting Asurada's cyber system using Bootsvorz, has issued a new sabotage order. Taking advantage of a squall that begins to fall in the middle of the race, Bootsvorz takes a swing at Asurada. Schumacher notices this earlier and tries to save Hayato by putting his body on the line, causing both of them to crash.

The Sugo team enters Canada, where Round 4 will be held. Asuka is given one day of free time by Kurumada to visit "Wish Waterfall," a place she remembers visiting with her family when she was a child. Asuka tells her life story to Schumacher, who shows up by chance. Schumacher suggests that they go to an amusement park together. Meanwhile, Smith has found out Schumacher's true identity. He says that he is Osamu Sugō, a Japanese racer who used to belong to the same team as Bootsvorz.

Smith ordered Bootsvorz to assassinate Schumacher, an obstacle to his own ambitions. However, Bootsvorz refuses the order and vows not to be a part of Smith in any way from now on. He then challenges Schumacher to a serious match as a racer. Hayato and Asuka were watching the battle, following it with Asurada. However, just before the finish line, Smith's helicopter suddenly attacked near the observatory. Bootsvorz, who had escaped the predicament by a hair's breadth with Asurada, crashed his own machine into the helicopter.

Kōjirō, Asuka's father, and Junko, Hayato's mother, rushed to the hospital alongside their children to visit Osamu. There, Hayato and the others learn of the death of his father, Hiroyuki. Osamu also told them that Hiroyuki had been assassinated by Smith when he tried to smuggle Asurada to Japan, fearing military misuse of its cyber system, and that he had become Schumacher in an attempt to foil Smith's ambitions while Junko had hidden herself to fend off Smith's pursuit.

Bootsvorz apologized to Hayato for his past conduct and vowed to play fair from now on. Upon learning of his father's death, Hayato acted unnaturally cheerful. Seeing this, Kurumada advised Hayato to abstain, but he insisted on competing. The qualifying round 4 in Canada began. Hayato got off to a good start, but during the race he had a vision of his father, and ignoring Asurada's instructions, boosted acceleration on a corner. He went off course and Asurada was wrecked, while Hayato broke down in tears.

Round 5 is a special circuit at Postbridge Airport in England. Osamu and Asuka, who had been delayed due to injuries, were finally about to arrive in England. However, the passenger plane carrying them has a wheel failure and has to make a dangerous fuselage landing. Hayato proposed to catch up with the airliner with the boost of the Super Asurada and hit the radar satellite to bring the wheels down. Under difficult circumstances in terms of timing and ejection angle, Hayato successfully hit the hatch in coordination with Asurada.

Hayato started the race well, winning his first pole. However, during the race, Hayato felt something strange in Asurada. Apparently, the cyber system was not yet matched to the chassis.

As a reward for winning his first race, Hayato was given tickets to watch the Cyber Bikers. However, Karl Lichter von Randall, a boy of only 14 years old who won that race, dismisses Cyber Formula as not even worth trying. Unexpectedly, Asuka lashes out at Randall. For Randall, who grew up in a rich family, Asuka was the first girl of her type he had ever met. Randall likes her and invites her to his home. However, Randall sees the deep trust between Hayato and Asuka there and gets jealous, so he challenges Hayato to a one-on-one match at a circuit later.

The Fireball was a tougher race than expected. Machines specially modified for this race attacked relentlessly. Gabin, who was watching the race, notices that his daughter Elena is participating and pleads with the organizers to cancel the race, but none of them agree. Elena, who is frail by nature, suffers a seizure during the race. Hayato has the cyber-wheel HSR-III come to pick Elena up in the nick of time and take her to the hospital, while he continues to race.

Round 9, the pre-last race of the season, is set at a German circuit inside a dome that uses a cyber system. Ōtomo, who was camping near the circuit as usual, invites Hayato and Shinjō, who had come for a preliminary inspection, to his tent. Shinjō is worried about Ōtomo's poor performance in the earlier qualifying round, and Ōtomo confesses that he does not like this circuit, which is controlled by the cyber system.

With the final decisive battle coming up, all the teams are fully prepared and their fighting spirit is ignited. However, the Sugo team had not fully repaired their Super Asurada since the crash at the last German Grand Prix. Hayato therefore suggested that they drive the GSX from Hokkaido, the starting point of the race, to Urawa, two-thirds of the way through the course, with no mistakes and no refueling.

Hayato quickly improved his position in Super Asurada, which was set to a higher power output to match the distance traveled. By the time they arrived at Aokigahara, they were within the top contenders. Kaga, who was also battling for the top position, retires before Fujioka, rebelling against unjust instructions from Kyōko. The World Champion was then to be contested by Shinjō, Randall, and Hayato. Finally, the battle is brought to the Fujioka Circuit, where a dead heat develops. Hayato, remembering Osamu's advice, drives through the "Tornado Bank," a difficult section of the circuit where the car is subjected to 6Gs of load, without easing off the gas pedal even though he suffers a "blackout phenomenon" that causes a temporary loss of visibility.