Yes, straight out of the mid-80’s, it’s WWF’s D-Show “Wrestling Spotlight” hosted by Vince McMahon and …
Wait… Could it be?
It’s The Lovely Miss Elizabeth(™) joining Vince to host an exciting hour of stale recaps and plugs!
She isn’t much of a talker (she’s acting like Randy Savage is just off-stage glaring at her threatening to beat her if she steps out of line) and those outfits is pretty terrible even by 80’s standards, but darned if she still doesn’t look amazing regardless!
Unfortunately WWF Wrestling Spotlight was the least important of the WWF shows at the time, so it was only carried by obscure UHF stations that you probably weren’t watching.
(This one’s for you, Blade!).