There have been several racing games for the iPhone, from Crash Bandicoot Nitro Kart 3D to GTS World Racing, but Firemints crack at the genre might be the most realistic and possibly the best yet.
Firemint is an Australian developer that has developed this game with accelerometer steering and multiplayer modes over Wifi. The game also allows you to upload your best racing times to a central website that will let you compete with others.
What I find very interesting is that the lap data can be converted into replay videos that are sent to YouTube. The game will be out shortly before Christmas of this year, but there is no word yet on pricing.
Replay footage after the jump.