Team 5 revolves around a gang of bikers who are into racing and stunts. Akhil (S.Sreesant) who is the back bone of this gang participates in racing tournaments all around the city along with his gang mates.Team 5 provide tough competition to their rival gang Road Rollers which is headed by Alby (Sumesh Krishnan). Akhil's life takes a dramatic turn when he falls in love with an event manager "Irene"(Nikki Galrani). Pearle Maaney and Makarand DeshPande also play important roles in this film.