I hope this qualifies as sim rally / racing; it is a mad sci-fi concept, but the gameplay is firmly towards the sim end of things. Handling is like a basic rally sim on gravel, damage is a serious concern, and you need to actively use RCS thrusters and manage their fuel to have any control in the air.

I am quite a fan of Wipeout and played a whole bunch of Rollcage when I was growing up. This is giving me the same sort of feeling, but pushed several notches towards the sim end of the sim-arcade spectrum. I’m looking forward to a proper release!