What is the title of the 1980's movie?

A cool guy in the 1950's plays a game of chicken while drag racing towards the edge of a cliff. He wins, but for some reason (I cant remember) he cant stop the car and get trapped. He dies in a horrible explosion when his car goes off the cliff.

He goes to the afterlife, where he waits in a train for 15 years to find out which escalator he gets on... the one going up or down. Meanwhile, unknown to him, his pregnant girlfriend has his son, who ends up being raised by a step dad.

Somehow he gets sent back to earth to help his son.

Anyone remember the title of this? It came out in the early to mid 80's. I don't remember who starred in it. I only remember the story. I have not seen it in like at least 20-25 years.

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