VHS Dreams - Space Race
Instrumental neo-retro italo-disco. Leotard and leg-warmer music.
VHS Dreams (née George Dervenagas) is a prolific producer of this sort of stuff. This particular track is from Sunlover Records Compilation Vol 1, which I highly recommend if you like this kind of cheese, and you can find lots more on his SoundCloud page. I will concede, though, that his songs can be a bit repetitive and maybe sound like they're going on for too long.
Here's a bonus track, Desire:
This is pure electronic! Thank you!