I too would love to see a good car racing game. I can't say I much like Raging Thunder. It just feels way to numb. Maybe that's a function of the platform, but I hope not.
Need for Speed has a game on the iphone, that looks great. If it plays as well as the review I read led me to believe, I'd certainly pay the $10 I think they were asking, if only they'd port it to Android.