Color TV-Game Racing 112 is the third game in the Color TV series. Unlike the first two games that were tennis games, this one is a racing game that uses a steering and gearstick to race. You would have to drive on a road while dodging oncoming cars. The game later made a cameo appearance in the game WarioWare, Inc.: Mega Microgame$ for the Game Boy Advance. Shigeru Miyamoto worked on this game's casing and included the stick shift.
In the Game Boy Advance video game WarioWare, Inc.: Mega Microgame$!, the first in the WarioWare series, and its Nintendo GameCube remake WarioWare, Inc.: Mega Party Game$!, there is a microgame based on Color TV Racing 112. Being a Nintendo styled game, it was a part of 9-Volt's microgame collection.
Color TV Racing 112 is not the only Color TV Game that has been represented in the WarioWare series, with Color TV-Game 6 (and likewise Color TV-Game 15) having a microgame in WarioWare: Smooth Moves for the Wii.