WipEout XL takes players into the year 2097, where they participate in the high-octane F5000 AG league. This sequel to the original game builds on its predecessor's gameplay, offering intense anti-gravity racing experiences. Players can engage in thrilling races against opponents, utilizing an array of weapons found throughout the tracks. The game features a variety of futuristic environments that enhance the racing experience, making each race unique and challenging.

The core mechanics remain similar to the original, focusing on speed and strategy. Players must master their vehicles while navigating through intricate tracks designed for high-speed racing. The ability to pick up and use weapons adds an additional layer of excitement, allowing for tactical play. With its vibrant graphics and dynamic gameplay, WipEout XL delivers a captivating racing experience for fans of the genre.