Test Drive 4 lets you race five modern sports cars and five muscle cars from the past as you prove once and for all who's the fastest driver. The list of cars are as follows: Jaguar XJ 220, Dodge Viper GTS, TVR Cerbera, Chevrolet Corvette, Nissan 300ZX, Shelby Cobra 427, '69 Chevrolet Corvette 427, '70 Chevrolet Chavelle SS 454, '69 Chevrolet Camero ZL1 and the '71 Plymouth Hemi Cuda. Five tracks will have you racing all over the world, even dodging traffic and avoiding police cars! You'll be able to speed your way through the following locales: San Francisco; Washington D.C.; Keswick, England; Bern, Switzerland; and Kyoto City, Japan as you challenge five computer racers for fastest time. Players can compete in a straightforward Single Race or test out their vehicles in a Drag Race, where they'll put the pedal to the metal down a 1/4 mile stretch!

There are also four Cups to try to win (Challenge Cup, Championship Cup, Pitbull Cup and Masters Cup), all of which involve racing five computer opponents for a minimum of five tracks: the Challenge Cup goes to the player with the lowest time after five races; the Championship Cup is a competition for the most points after ten races (five of which are mirror tracks); the Pitbull Cup is earned by placing first on all five tracks; and the Masters Cup consists of ten races where the object is to challenge each of the ten cars for fastest cumulative time. Options include turning traffic on or off, checkpoints on or off, and choosing either automatic or manual transmission. Test Drive 4 supports analog control as well as the Link Cable for head-to-head racing on two different television screens.