Yes, this game at launch in 1998 had co-op and online multiplayer, and you can still play it today. (quillstreak.com)
And even playing it today, it still feels boring. (shmuplations.com)
The online was entirely stable in my time playing it today during the game's launch, and the races against people were fun because actual humans performed way better than the AI did. (egmnow.com)