Filmed when the X-Games (then called X-Games 101) started becoming popular and in-line skating was the craze. Chris Edwards (Walt) was a well known for his X-Games appearances and was one of the members of Team Rollerblade.
Though never given credit, a decent portion of the movie is filmed in Newport and Covington, KY as well as Hamilton, OH. Wiley's house, the restaurant, double date scenes, and some of the races scenes are from these locations. Bellevue, KY is the only Kentucky city ever given credit.
The trivia item below may give away important plot points.
The final race scene actually takes place all over the Cincinnati area. It begins in the west side community of Colerain Township on Springdale Rd. overlooking Interstate 74 and jumps all over town, including central areas; Mt. Auburn near The Christ Hospital at the intersection of Auburn Ave., Sycamore St., and Dorchester Ave.; Mt. Adams on Van Meter St; and ends downtown on Mehring Way between the old Riverfront Stadium and the Ohio River.