My review was written in November 1988 after watching the movie on Tapeworm video cassette.
"Ricky 1" is a cute spoof of the "Rocky" films, made five years ago and debuting on video cassette after failing to achieve theatrical distribution.
Helmer Bill Naud adopts the visual punning approach of the "Airplane" buys in limning the episodic tale of Ricky Wanero (played effectively by Michael Michaud, who doesn't resemble Sly Stallone but captures the aspiring fighter's mannerisms and vocal patter).
A perennial loser, he agrees to give up the fight game to please girlfriend Angela (Maggie Hughes), who works at a crisis center. Ricky gets a job working in a fish market, supplementing his income by working as a gigolo.
Pic builds to the big championship fight with the Silver Shadow, used as an excuse for goofy sight gags.
Enthusiastic cast, many of whom essay multiple roles, enlivens an okay low-budgeter.