I just wanted to fuel my current "rally phase" with some nostalgia not expecting to play more than like 15 minutes but it holds up incredibly well and I played through a championship. The car handling is super fun and engaging. The car slides just the right way. The tracks have a nice variation to them. The game looks really nice still even though I don't like playing old games anymore. It's a shame it's not available to purchase.
I tried out the PS1 version too and while that's the inferior version, it's still the best car game on the Playstation.
I highly recommend playing with an XBox kontroller which it somehow supports.
You also need SilentPatch and dgVoodoo on modern PCs. Just follow the pcgamingwiki article.