Race and Chase? WOW, I had this as a kid and I remember the track being the main star!
The black and yellow bits you could use to change direction on a bend as long as you hit the button on the top of the hand trigger. You usually hit it too fast and the car flew half way across the room! There was a bridge too which you could either hit at full speed and jump over (and rarely hit the track again) or take it slow, tip the ramp over and then whoever was chasing you was stuck. Awesome!