Missing out on SF Rush might be why I really enjoyed this game.
Most of this enjoyment came from the many hours that I spent with friends racing, looking for keys and generally causing mayhem by shoving, bumping and banging my opponents into walls, buildings, posts and any other general obstacle. At the time, it was nice to see how much damage you had inflicted on your opponent or also how much your own personal vehicle had taken before it was ready to blow. I believe this was later perfected in the burnout series.
Another fun aspect was the stunt mode. Where you and a friend could perform stunts and try and accumulate points by rolling, flipping, two-wheeling and general flying around the course.
The graphics of the game were pretty good in my opinion. Thats mostly because it wasn't too simulator or arcadey but a nice mix of the two.
Since I recently purchased a nintendo 64 again for my kids to play I am hoping to find this game somewhere since it was really enjoyable.