Doug Perry of IGN stated that "007 Racing" is "a decent little game, as long as you don't expect too much from it". He added: "It's not original, nor is it good looking. It's filled with awkward spots and questionable areas (like when I reached the broken bridge in Escape and the vocals chimed in after it was too late to launch my parachute), and it becomes a chore rather than fun. Occasionally, there are little flashes of goodness (Escape and Gimme a Break are examples), but the game never really reaches any new planes of play that we've did already experience in Spy Hunter, back in the early 1980s. I mean if you're simply dying to drive Bond cars, rent this game, but don't buy it full price. Now, if you don't mind, I've got an old-school arcade to find."