Mainly an annual franchise update of cars and tracks, the game added more detailed graphics, physics, multiplayer modes and other minor features.

The game modes include the support races such as Formula Ford and the Ford Fiesta Championships, a test track mode where the player tests any car on certain variations of the test track, a Championship mode which is dependent on the length with the difficulty selected, a feature new to the game is the support cars are able to be chosen with the colour the player prefers.

The standard cars featured are the Audi A4, Ford Mondeo, Honda Accord, Nissan Primera, Peugeot 406, Renault Laguna, Vauxhall Vectra and Volvo S40.

The main menu background music features "Retro", and the opening video "Soundclash" by E-Z Rollers.

[3] Rick Sanchez of NextGen said of the same console version, "Hands down, TOCA 2 [is] one of the best touring-car sims available, and one of the best new driving games for PlayStation.