Not really in the same vain as what you asked for, and not by Sony, but Horizon Chase Turbo is a retro style arcade racer that’s incredibly good if you enjoyed the likes of Top Gear and similar racing games back in the days.
Its soundtrack is also pure retro greatness with a remix of one of the best racing theme ever:
And yeah, Svennoj is a freaking ace at the racing games he adopts.
Horizon Chase is a great game and it really felt like a game I would've played 20 years ago, although it has some modernizations that make things better. I can recommend that too.