Special mention Top Gear Overdrive.
For a console racing game in 1998 it looked very very good.
Maybe even the best looking console racing game upon that time.
Compared to World Driver Championship, it doesn't have as many polygons on screen or as good quality textures however the dynamic lightning system is advanced (for the time) and superior to WDC.
No wonder it looks to good, Ezra Dreisbach (main programmer behind Lobotomy incredible Saturn games) worked on it.
https://youtu.be/EHRCalhiJG0?t=8m54s