[4] The initial pitch for Ayrton Senna's Super Monaco GP II came from Tec Toy, Sega's distributor in Brazil.

Tectoy approached Sega with the concept of developing a game starring Brazilian F1 driver Ayrton Senna,[6] who was the 1988, 1990, and 1991 World Champion.

Senna also recorded voice segments commenting on each of the F1 tracks in the game, except for still under construction Circuit de Catalunya, which had not opened at the time.

[9] Ayrton Senna's Super Monaco GP II was released on July 17, 1992 in Japan,[10] August in PAL regions,[11] and September in North America.

[13] GamePro praised the speed of the Genesis version and highlighted its improvements in graphics and sound over Super Monaco GP.

[5] Player One gave the Mega Drive version a positive review, but posed that owners of the first game would have difficulty understanding why to purchase the sequel.

[22] In reviewing the Master System version, German magazine VideoGames gave praise to the game's controls while also critical of the lack of perception of speed.

[23] Reviews for Player One and Sega Power shared the same criticism of the Master System version.