Quick race mode is a part of almost every modern video game racer. In this mode the players car and others act more like an arcade style rather than real race simulation. Quick race is meant to introduce players to the game environment without putting them into too much detail about the car settings, track conditions and opponents AI level.
It is also a very good way of having fun on the track. When exhausted from all these technical settings and race strategies.
All game titles and consoles have it. PlayStation3 and Xbox360 are both the same when it comes to quick races. And even if you are fully equipped with latest steering wheel and race seat simulator you can still have fun with quick race mode.