The story is set in the depression and deals with the story of seabicuit, perhaps the greatest thoroughbred horse in the history of u.s. Racing. Charles howard , played by jeff , is a millionaire automobile salesman who suffers both personally and financially during the depression and turns to racehorse to make a profit. Together with a young jockey, red pollaed, performed by maguire, and a horse trainer, tom , he places all his hopes on a horse that many believed was ,trained to lose,