It looks a little like Project Gotham and Midnight Club

Here is some information on Burnout:
Burnout will offer a broad array of features, including:
Multiple cars to select, race and crash;
Real-time vehicle crashes, highlighted by amazing slow motion instant replays that dramatically illustrate the massive damage that can be unleashed;
Sixteen exciting courses, each filled with unique challenges and obstacles, including such locations as the United States, Europe and the Orient;
Multiplayer split-screen action for head-to-head competition;
More than 300 vehicles on each course to interact with;
Intelligent traffic system, featuring three distinct types of driver behaviours;
Dolby Digital surround sound technology;
Dual-shock controller compatible, letting players feel every turn and crunch of the car!
