From CHiPs Online:
After a guy on a motorbike (with the help of some cars) breaks the window of a man's limo, his chauffeur speeds after them. Ponch and Jon chase after the speeders as the theme begins.
Ponch and Jon pull over the limo and the passenger (Mr. Forbinger) claims the broken glass was an accident. When Ponch and Jon meet up with Sindy, they find broken glass and figure out what happened. Because Mr. Forbinger's granddaughter is threatened, he hires security for her.
At a Mexican restaurant, Ponch and Jon try to get the answers from Mr. Forbinger. Even though Jon figures out the plot, he doesn't know it and they get nowhere. Because Mr. Forbinger is an "important" man, Ponch and Jon are assigned to protective services detail.
On the streets, the car/motorcycle group tries to corner a truck, but Baricza shows up to stop them. When the cars drive off, the truck driver has a heart attack and drives off a cliff. Baricza, Ponch, and Jon go to the man's rescue.
Later, Ponch and Jon show up at Forbinger's house. Ponch is posing as a diplomat and Jon as his driver. Soon Ponch and the granddaughter go for a ride to see who follows them. They pass Grossie and he follows them. Shortly, Grossie pulls over the guy following them for making an unsafe lane change. Ponch returns to Forbinger's house with Sindy posing as the granddaughter.
Later, Ponch, Jon, Sindy, and Forbinger head out on the road. It's not long until the cars and motorcycle try to corner them. Jon manages to escape their formation and drives the limo wildly. The CHP shows up and it all comes to an end. Jon apologizes for the rough ride and Mr. Forbinger says he loved it! In the final scene, everyone's glad it's over.