Steven Spielberg’s emotional sci-fi masterpiece, E.T., was a blockbuster hit when it premiered in 1982. Not only did the film impact the heart, but it also had a significant impact on pockets as well; E.T. was a commercial cash cow as it surpassed Star Wars to become the highest-grossing film of all time – it also spawned a pretty embarrassing video game, numerous action figures, an “Official” Fan Club, and it actually caused a huge boom in Reese’s Pieces sales due to that famous scene.

With so many great moments in this classic film, it is hard to choose just one. But if you have to pick just one, you have to pick the one that became so iconic it now serves as the logo for Amblin Entertainment.

The scene remains seared into the minds of audiences around the world is the pivotal chase scene near the end, when Elliott, with ET, tucked in a basket on the front of his red bike and covered in a white sheet, is followed by his 16-year-old brother Michael and their three friends, Greg, Steve, and Tyler as they outwit and outrun government officials — all the grown-ups of the world, really — ET raises a finger, and the bikes fly off into cinematic history.

It is beautifully shot, beautifully staged and a scene of pure movie magic.