The Wraith is a 1986 American independently made 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 on only 88 screens in the United States on November 21, 1986 by New Century Vista Film Company (later New Century Entertainment Corporation).
The Wraith tells the story of an Arizona teen who mysteriously returns from the dead as a supernatural, or possibly alien-created, street-racer driving an invulnerable supercar. His intent is to take revenge on the gang who murdered him.
The Wraith is dedicated to the memory of Bruce Ingram, a camera operator who died during the filming of one of the car chases; another crew member was seriously injured.
(Summary from Wikipedia)