Definitely not. Ride the Cyclone is a work of fiction. It doesn't have its roots in any actual events or real-life experiences. The story was developed to offer a unique and imaginative entertainment.
Yes, it is based on a true story. The story of 'Ride the Cyclone' likely has its roots in real events, which then got transformed and dramatized for the stage. This is often the case with many works of art. By basing it on a true story, it can bring a sense of familiarity and also allow for deeper exploration of themes that might have emerged from the original events.
One real - life element could be the sense of community. Just like in real small towns, the characters in 'Ride the Cyclone' have a strong connection to their community. Another might be the idea of facing unexpected tragedies, which unfortunately happen in real life as well.