I'm a pretty big fan of Initial D, in fact it was part of what got me into manga and anime. The series revolves around a high school student named Takumi Fujiwara who does tofu delivery for his father in a Toyota AE86 Sprinter Trueno GT-APEX, and ends up being sucked into street racing in the mountains.
The best part of the series is that Takumi's car is so underpowered yet because he has such skill due to his tofu delivery lasting for so long (4 years, long before he had his driver's license!) he can beat even the most powerful car on the mountain.
Unfortunately the manga has been out of print for a while, but the anime is out from Funimation and it has a great Eurobeat soundtrack (and CGI that varies in quality from season to season). The dub's not bad either, certainly not as bad as the original Tokyopop dub which had street slang and replaced music. Plus we got 3rd and 4th Stage too!