WipEout XL transports players to the year 2097, introducing the F5000 AG league, an exhilarating anti-gravity racing competition that builds upon its predecessor's legacy. Players can engage in high-speed races against opponents, whether human or AI, across a variety of futuristic tracks. The game emphasizes agility and speed, as players navigate complex environments while competing for the top position.

A unique feature of WipEout XL is the incorporation of weapons scattered throughout the racing stages. Players can collect these weapons and strategically deploy them against opponents, adding a layer of strategy to the fast-paced racing experience. With its immersive graphics and dynamic gameplay, WipEout XL offers an adrenaline-pumping adventure for racing enthusiasts.