According to Frey, he was invited to an early screening of the film, and about two months later was sent a demo of a song written by Keith Forsey and Harold Faltermeyer to be used in the film to see if he was interested in singing the song. Frey agreed, and recorded the vocal part in one day. The following day he played the guitar and recorded the background vocals, and was paid $15,000 for the work.
The mid-to-up-tempo recording featured a steady drumbeat, synthesizer, and guitar, with a repeated saxophone riff framing the lyrical message. The guitar solo is played by Frey himself.
The music video for the song received heavy MTV airplay. It showed a film editor assembling scenes for Beverly Hills Cop while Frey and a band played the song in the adjacent room, with action scenes from the movie then directly interspersed. Among the musicians shown in the video is saxophone player Beverly Dahlke-Smith (the actual recording being made by session horn player David Woodford) and Frey's long-time drummer, Michael Huey.
The recording subsequently appeared on Frey's albums Glenn Frey Live (1993) and Solo Collection (1995) as well as on some various-artists "top hits" collections.