Overview
The Wraith is a 1986 independently made American action-fantasy film, produced by John Kemeny, written and directed by Mike Marvin, and starring Charlie Sheen, Sherilyn Fenn, Nick Cassavetes, and Randy Quaid. The film was theatrically released November 21, 1986, on just 88 screens in the United States by New Century Vista Film Company (later New Century Entertainment Corporation).
Plot
In the town of Brooks, Arizona, Packard Walsh, the leader of a gang of car thieves, coerces people with fast cars into racing with the winner of the race taking ownership of the loser's car. Packard controls everyone through intimidation including Keri Johnson, whom he views as his property. Keri's boyfriend, Jamie Hankins, was the victim of an unsolved murder and Keri, who was with him, has no memory of the traumatic event.
Jake Kesey arrives in Brooks riding a dirt bike. He befriends Billy Hankins (Jamie's brother) and Keri. While swimming at a river, Jake is shown to have knife scars on his neck and back.
Packard's control of the illegal races comes to an end when an all-black Dodge M4S Turbo Interceptor supercar appears with a driver covered head-to-toe in black body armor and helmet, and metal braces resembling those worn by victims of physical trauma. The driver challenges Packard's gang to a race, ending in high-speed, explosive crashes in which one of the gang members is killed. His body appears unharmed afterwards except for burned-out eye sockets. The Turbo Interceptor then reconstructs itself and eludes the pursuing Sheriff Loomis in a cloud of glowing light.
From Wikipedia (CC BY-SA 4.0).