MegaRace is set in a futuristic world where players can engage in high-speed racing through 14 different tracks in various environments. The game's story revolves around the concept of "Virtual Television," which allows players to experience things that cannot be done in real life, such as racing and combat. In this virtual realm, players can participate in races with opponents and use special symbols on the track to gain an advantage or hinder their opponents.
Gameplay in MegaRace focuses on speed and strategy. Players must navigate through the tracks, avoiding obstacles and using power-ups to gain an edge over their opponents. The game features five different environments, each with its unique challenges and opportunities for strategy. With a range of cars and upgrades available, players can customize their vehicles to suit their driving style and compete against others in high-speed racing action.
MegaRace was released on the Sega CD platform in December 1993.