Various Nickelodeon characters each receive a letter invitation to compete in a Grand Prix for the top prize, the Krusty Krab Big Bun Award.

The host of the competition, also the individual who sent the invitations, is an unknown, unseen driver of a sleek, black car with a tinted dome window simply dubbed as the Mystery Rider, which the participating racers are challenged to beat, as well as each other.

Once the player ultimately completes the game and wins the final Cup to obtain the Krusty Krab Big Bun Award, their playable Nicktoon receives a year supply of Krabby Patties as it is hitched to their go-kart.

It stated by the Announcer that Plankton created the entire series of races as a plan to obtain the Krabby Patty secret formula.

Besides the main racing tracks, the game also has a single-player and multiplayer specific bonus minigame that you unlock as you play-through and beat all the cups in Medium and Hard Mode.

[5] After several years of re-releasing Nicktoons Racing for different consoles and platforms, with the last being the arcade version released in 2003, a sequel was put into production.

In July 2018, Nickelodeon Kart Racers was announced, and was released in October 2018 as the fourth game in the Nicktoons Racing series.

On June 10, 2020, Nickelodeon Kart Racers 2: Grand Prix, a sequel to the 2018 game, was leaked by Target, was announced the next day, and was released in October 2020.