The best arcade racer of it's time.
Multi player really shines - with the party crash junction mode being the most popular variant with myself and my friends. You can still do a one-on-one race and there is a 'crash your opponent out first to ten' (ahem) mode which is also so much fun.
Worth it's own special mention is the crash physics and damage engine. Never before have I seen so many little bits of glass, sparks and general metal shrapnel come together in such an artistic glorified mess. It is just a marvel to watch these crashes in slow-motion. You will wonder how the developers squeezed so much detail out of a PS2 game.
If you have not played this game do so soon.. and get some mates over for a party crash - which is so unique in itself.