Over the last few days I have been playing a few PS1 racers.
Porsche Challenge feel so dull nowadays. I always liked the handling but the thought the track design was lacking and it still feels very poor. Also the music is terrible. It is still fairly fun and looks ok but not a classic.
Rapid Racer is something I still really like. It is difficult at times but if you use analogue control you can really move the boat with precision to reduce the lurching it does. I really enjoy this game.
Need for Speed still feels great today. The presentation is fantastic and the car handling is very good. You really have to drive well to win and things like heavy braking reduces turning ability as it should.
Another racer I have been playing is a JP only title that I picked up because it was cheap and I like the cars. It is called The Real Racing:Toyota and it is a simple series title that cost 1500 yen from new. It has 9 tracks and 13 cars but 16 in a race at one with some very aggressive AI which makes it bundles of fun to play. Good frame rate and a variety of effects such as fog, rain and different times of the day makes it great fun. It was also released under the name Advan Racing as a normal title i think.
http://www.youtube.com/watch?v=y86i0BZwLwM