Ok, I've updated this channel. Adjusted the volume level, looped it, etc. Additionally, I've added 2 variations. Each wad is 13blocks in size.
F-Zero AX - FZAX v1.wad
http://www.mediafire.com/?9p6e9hdb3x9vva6
F-Zero AX - FZAX v2.wad
http://www.mediafire.com/?okgmkexq0uusb1d
F-Zero AX - FZAX v3.wad
http://www.mediafire.com/?s7i07z1121cqa2v
*sorry for the poor quality screenshots, they look better on the tv
And once again, as long as you have the game in sd:\games\GFZJ8P it should start right up
edit: I've now made the wads REGION-FREE thanks to Huntex for pointing this out
F-Zero AX - FZAX v1.wad
http://www.mediafire.com/?9p6e9hdb3x9vva6
F-Zero AX - FZAX v2.wad
http://www.mediafire.com/?okgmkexq0uusb1d
F-Zero AX - FZAX v3.wad
http://www.mediafire.com/?s7i07z1121cqa2v
*sorry for the poor quality screenshots, they look better on the tv
And once again, as long as you have the game in sd:\games\GFZJ8P it should start right up
edit: I've now made the wads REGION-FREE thanks to Huntex for pointing this out