In 1983, yacht sailor Will Parker leads an American crew financed by millionaire Morgan Weld to defeat during the America’s Cup race against an Australian crew. Determined to get the prize back, Will convinces Morgan to finance an experimental boat designed by his ex-girlfriend Kate’s new beau, Joe Heisler. When the boat is completed, the Americans head to Australia to reclaim the cup.

Laurel, a Chicago-based business executive, travels to Memphis to secure one of the city’s oldest family-owned banks. While in Memphis, Laurel reunites with old flame Clay, a local music promoter with loftier aspirations. Though Laurel tries to keep her eye on the prize of the business acquisition, Clay is very persuasive reminding her of the days when they were a performing duo on the brink of stardom. Now Laurel’s focus turns to the home of the Blues and dreams of making music again.