Single-player

The game features six fictional films:

• Aftershock is a disaster film in the vein of Dante's Peak and Volcano. This film is set in present-day British Columbia. Directed by Richard Langston. The plot: A volcanic eruption has hit the town. Nobody can stay. The penalty for staying? A flaming car and a flood of lava.
• A Whoopin' and a Hollerin' II is a comedy/adventure film parodying The Dukes of Hazzard. It is the sequel to the eponymous film from the previous game. This film is set in present-day Tennessee, USA. Directed by Andy Baxter. The plot: The Creek Boys must defend their land from the evil county sheriff. Hanus from Stuntman also makes an appearance.
• Strike Force Omega is a military action thriller film in the vein of The A-Team and Megaforce. It is directed and starred by a former stuntman, Karl Steele, detailing the exploits of the titular force led by Commander Black versus mercenaries in a desert military base. This film is set in Kyrgyzstan in the mid-1980s.
• Overdrive is a 70s-esque crime thriller in the vein of Bullitt and Starsky & Hutch about Stone, a renegade cop who takes on Varga, a ruthless drug lord. It is set in present-day San Francisco. Directed by Robert Rodina.
• Never Kill Me Again is a parody of Die Another Day, as well as many James Bond films and is set at a secret military base in the present-day northern China. Directed by Jean-Benoît Bernard. It is the sequel of Live Twice For Tomorrow which was featured in the first game.
• Night Avenger is a parody of Tim Burton's 1989 Batman movie and is filmed in the present-day Chicago, which is in turn used as the base for the fictional city of "Darkdom", much like Gotham City from Batman. Directed by Howard Rightman. During the scenes, the Darkdom Police Cars, shown often in the film, are lettered: Police-GPD, Gotham Police Department, instead of Police-DPD, Darkdom Police Department. This is an obvious take from the police cars in Batman Begins. The plot: Night Avenger has to protect Darkdom from Big Top.

Each film has six scenes. The player's goal is to complete objectives set out by the director in each scene. The way in which players complete tasks is set out differently from the first installment. The basic player will be able to drive through all the levels completing all of the director's stunts to progress to further levels. However, more advanced players will try to link or "string" stunts together to increase their stunt multiplier. To achieve a high score the player must string the director stunts with other maneuvers as well such as getting close to objects, drifting around corners, or being airborne. Players are scored for their performance on each stunt sequence, and then assigned a star rating based on that score. Players can earn up to five stars if they manage to 'string' an entire scene. Achieving stars also adds this to the player's 'rank', which is used to see how far the player has progressed through the game. The top rank the player can achieve is 'The Greatest'.

New to the Stuntman series is the "strike" system which is more lenient than the scoring system in the original stuntman. A certain number of strikes means the director automatically calls the entire scene to be shot again. 'Easy Mode' can be activated to allow for more strikes (resulting in the player's final score being halved) and regardless of getting all strikes, players can carry on the scene. Also, by completing certain sequences, the player will be nominated for a certain scene in the Taurus World Stunt Awards.

Multiplayer

There is also a multiplayer mode, which features two different race types. Backlot battle focuses on performing as many stunts as possible within a set number of laps, while the backlot race mode is a more straightforward race where players can earn bursts of nitro by doing stunts. There is also a split-screen mode that goes up to four players.