Good customizable racing games for PS3?

I am looking for some racing games for the PS3 that has some good customization options for both performance and visuals. Like in Need For Speed Underground 2 for example where it lets you upgrade multiple parts of your engine and what not. I am not really into the simulator style racers. I check ed a few decent ones for PS3 like Burnout Paradise and Need For Speed Hot Pursuit but neither include customization options. I would also like some recent games. Thanks