Space Racer is a futuristic jetbike race. The player controls a futuristic bike which hovers over an energy line on the ground. The player must reach the finish line before running out of time. The bike can be steered in all directions, but if it gets too far from the energy line it looses speed and energy, and eventually crashes on the ground.
There are other, computer-controlled contestants. They can be shot down or pushed into an obstacle and of course they'll try to do the same to the player.