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That VCR was made by Panasonic. All the belts are under the tape transport. The two brass wheels are just flywheels (one for the capstan motor and one is part of a tape guide).
At that VCR's age, you should replace all the rubber parts if you want it to work properly (several belts, some tires, and the pinch roller). The last time I worked on one of those was about 10 years ago and they needed new belts then!
Although those were the heaviest VCRs ever made, I personally think ones from a few years later were better because they used fewer belts. It's still an interesting thing to keep since it's one of the first VHS VCRs.
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