A direct sequel to the 1992 game Top Gear, it was first released by Kemco for the SNES in North America in September 1993, and then the Super Famicom in Japan on December 22.

However, this game becomes more realistic, with a damage diagram on the left side of the screen, slower cars, and the possibility to upgrade the machine.

The game takes place in 64 tracks spanning 16 countries, each of which contains four races, starting with Australasia (Australia and New Zealand) and ending at the United States.

Because of agreement to naming rights, the Giza Necropolis in Egypt was renamed to Hugh Sitton, a photographer of Corbis Corporation.

The player is given 6 "nitro boosts" at the start which dramatically increase the car's speed for a short period of time.

Reviewing the Genesis version, GamePro assessed that Top Gear 2 has a good number of tracks and solid controls, but feels outdated compared to contemporary racing games due to the limited options for altering the car's configuration.

[6] Super Gamer gave the SNES version a review score of 83% stating that the game has better graphics and more depth.