Where have all the arcade racers gone?

I want to 'Get Ready'. I want an announcer shouting 'Time Bonus'. I want drifts and crashes, dents and sparks. I want speed, adrenaline and desperate engine notes. And replays. So there’s definitely something wrong when the only car game I can play on my lovely new PlayStation 4 is Need For Speed: Rivals. Sure, it’s more of an arcade-styled game than it is a sim, but it still isn’t what I would call