Based on the animated cartoon by DIC of the same name, Inspector Gadget Racing is a racing game similar to games like the Mario Kart series, Street Racer and other kart racing games for the SNES and Game Boy Advance. Selectable characters include Inspector Gadget, Penny/Sophie, Brain, Chief Quimby , Dr. Claw, Agent Abdul and Agent Bruce.

The characters have their own power ups, for example Penny/Sophie has a shield, Gadget has his Gadget Mallet and Agent Bruce has an oil slick Spy Hunter-style. They can still pick up other power-ups, like missiles, bubblegum (to slow down an opponent), a shield and others. The game also has land-based courses, air-based courses and underwater-based courses