<s>
Formula	B-Application
One	I-Application
Arcade	I-Application
is	O
a	O
racing	O
video	O
game	O
developed	O
by	O
Studio	O
33	O
and	O
published	O
by	O
Sony	O
Computer	O
Entertainment	O
exclusively	O
for	O
PlayStation	B-Device
.	O
</s>
<s>
Formula	B-Application
One	I-Application
Arcade	I-Application
is	O
based	O
on	O
the	O
2001	O
Formula	O
One	O
World	O
Championship	O
,	O
though	O
the	O
game	O
was	O
centered	O
on	O
hectic	O
racing	O
action	O
and	O
is	O
considered	O
unrealistic	O
.	O
</s>
<s>
Gameplay	O
resembles	O
that	O
of	O
Mario	B-Application
Kart	I-Application
,	O
rather	O
than	O
that	O
of	O
traditional	O
Formula	O
One	O
games	O
.	O
</s>
