Unlock Every Cheat:
When choosing a Transmission and Track at the 'Selection' screens hold Brake + Zoom In + Zoom Out and press 'Start'. Keep the buttons held until game play begins and if done correctly the race will begin with the pace car on a backwards mirrored track with no CPU cars.

Unlock Police Car:
While choosing a Transmission at the 'Selection' screen hold Start + View + Brake + Accelerate. After selecting a Transmission press Start + View + Brake + Accelerate. If done correctly a police car will race around the track in the opposite direction.

Unlock Pace Car:
When choosing a Transmission at the 'Selection' screen hold Start + Brake and keep both held until game play begins.

Unlock Reversed Track:
When choosing a Track at the 'Selection' screen hold Zoom In + Zoom Out. This feature can only be enabled in a 1-Player game.

Unlock Panoramic View:
While the view is zoomed out press Zoom In + Zoom Out.