Micro Machines V3 is set in a world where Micro Machines have come to life and are competing in various racing events around the globe. The game's story mode follows the adventures of three characters - Banger, Blaze, and Zippy - as they try to become the ultimate champion.
The gameplay of Micro Machines V3 is all about speed and competition. Players can choose from a variety of tracks and cars, each with its own unique characteristics. The game features both single-player and multiplayer modes, allowing players to compete against friends or AI opponents.