Pole-Positition is Atari, and early 80's, so it will have vinyl sideart. Atari made kick ass screened vinyl art in the early 80's. Anyways, 3m safest stripper will take the latex paint right off and will not hurt the vinyl art.
As to restoring, the stripper will run you $25, and if the art is in even decent shape, then it will be a good looking cabinet and worth the investment. Look closely at the surface of the paint. If there are chunks of the vinyl missing, you should be able to tell. if everything looks pretty smooth, then odds are the art is in-tact.