Final Lap 2 is the sequel to the first Final Lap, being a proper arcade game coming after the console spinoff, Final Lap Twin. It is very similar to its predecessor, even using many of the same assets. Like with Pole Position II, this sequel adds three new tracks along with the first game's Suzuka Circuit: the oval at Indianapolis, Monza Circuit, and Monaco Circuit. The cabinet linking allows players to vote on which track they want.
Unlike the previous Final Lap, the sequel did not receive any sort of port or related game.