Ace and Bolt are two young colts that have no family or money, just each other. They are forced to steal food to survive on the streets of Manehattan until authorities receive complaints about the two miscreants. Ace and Bolt are eventually left with no other decision, but to continue their living someplace else. However, along the way, they are stopped and forced to recompense to the community for their crimes. During their time of paying back to the community, Ace and Bolt discover their meaning of existence and the whereabouts of their past. Only by earning the right to have such gifted wings will they understand their true talent as gifted pegasi.