'Featuring brand new content exclusive to PlayStation 2, V8 Supercars Australia 2 will arrive with a whole new circuit, Catalunya, and an expanded Championship structure allowing 99 additional car and track combinations. The game entered the UK charts at number one, and maintained the high review scores of the series, including a 9.2 out of 10 from Official Xbox Magazine. In addition, online play was featured heavily, with support for up to 8 players on Xbox Live.

However, not for the first time in the series, the British Touring Car Championship was not included, yet the franchise continued to license the TOCA name in the title.

The career mode offered a wider selection of championships than previous games, featuring the likes of Supertruck and Rallycross in addition to the traditional touring car formats. Story-developing cutscenes were played out from a first-person perspective, with other characters never addressing the user by name (similar to the storytelling method of later Need for Speed titles). The game continued to use a scripted career mode as introduced in the previous Race Driver game, but dropped the Ryan McKane character. Two PlayStation Portable conversions were released in 20 the first being TOCA Race Driver 2 in Europe and Japan and the second being Race Driver 2006 in the US. TOCA Race Driver 2 (also called V8 Supercars Australia 2 and DTM Race Driver 2) is a racing video game instalment of the racing video game TOCA Touring Car series, released on Xbox and Microsoft Windows in April 2004, with a PlayStation 2 version following six months later.

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