The Wiggles and their friends decide to race to the end of a rainbow that they see after a storm. The Wiggles travel via the Big Red Car and the Big Red Boat. Dorothy, Wags and Henry race in a hot air balloon, and the Captain and his crew race in the S.S. Feathersword. Along the way, The Wiggles get to fulfil their wishes: Anthony gets to play American football with the New England Patriots, Greg gets to paint his masterpiece with the artist Claire from Paris, Murray plays with a rock band, and Jeff conducts a string trio. They also meet new friends such as Magdalena the Mermaid, the King of the Road and the Queen of the Rainbow. Wishes are fulfilled, the race wraps up, and the group makes it to the end of the rainbow all in time for Anthony to have dinner.