This game features an underground import racing scene, on which the player's main objective is to gain respect and affection of various females in the city. This is featured in a way that the player must win a variety of respect challenges to attract girls and maintain a good victory streak in order to ensure that they remain with the player. Once in their car, the girls will present the next open race that the player enters. As the player continues to win races, dance videos will be unlocked for viewing.
The game has 50 licensed cars from a variety of manufactures, including models from Nissan, Toyota, Mitsubishi, Lexus, Subaru, Mazda, and Volkswagen. SRS also features a car damage model that forces the player to drive carefully, heavy damages may impact car performance and heavy repairs may drain the player of money earned from their last race.
SRS initially received publishing support from the 3DO Company. While the game was still in development, 3DO declared bankruptcy and auctioned off SRS along with its other assets. Namco picked up SRS for $1.5 million, compared to the $1.3 million that Ubisoft paid for the Heroes of Might and Magic franchise.
The game was met with mixed reception. GameRankings and Metacritic gave it a score of 67.99% and 64 out of 100 for the GameCube version; 67.45% and 66 out of 100 for the Xbox version; 65.97% and 62 out of 100 for the PlayStation 2 version; 61% for the PC version; and 48.50% for the Game Boy Advance version.