GRITS Racing is described as 'pancake batter party game for up to 8 players that is part racecar simulator, but mostly silly. First, we built the most realistic 2D racer ever'. There are three games similar to GRITS Racing for a variety of platforms, including iPad, iPhone, Windows, Xbox and Android. The best alternative is GeneRally, which is free. Other GRITS Racing like games are Absolute Drift (Paid) and Swing Racers (Paid).
GeneRally is a freeware racing game originally developed by brothers Hannu and Jukka Räbinä from Finland. Although it features a 3D graphics engine, GeneRally has a top-down perspective, where you can see all the cars (which is perfect for multiplayer races).