Jeff Gerstmann of GameSpot gave a mixed review, with a score of 5.3 out of 10. He stated: "The game's varied mission objectives occasionally give it a "Driver"-like feel, but the clunky control issues really manage to take you out of the game. The heavily modified "Need for Speed" engine is great for the fast action, fast driving missions, but the slower-paced, more combat-heavy levels suffer from the game's rough control. Overall, "007 Racing" isn't polished enough to fill the needs of objective-based driving game fans. Fans of these types of games would be better served by "Driver 2"." Retro Gamer criticized the slow pace of the missions. David Chen of "Next Generation" said that the game was "fine as a rental car, but not worth the sticker price."