500 GP is an arcade racing title developed by Namco. The game holds FIA licensing. Players can choose from three different tracks: Suzuka, Paul Ricard, or Jerez. Likenesses of real riders from the GP Championship are included in the game, and players can race on authentic motorcycles from Yamaha, Suzuki, and Honda.
The arcade cabinet is equipped with a 3/4ths replica sportsbike that players use while racing. Steering is performed by tilting to the left or right, and the throttle and brakes are used to control speed.