For round 2, 46 competitors took the wheel at the GT5 Challenge virtual time-attack competition at the 2012 Trans Sport Show. Sponsored by Toyota, competitors took the Toyota GT 86 on the fast but highly-technical Madrid City Circuit in Gran Turismo 5.

Early on in the competition, Gerhart Santos set a 1:48.447 lap but was dissatistfied with his stint and bought in another stint, setting a blistering 1:44.941 which would remain uneclipsed for the rest of the day. Towards the end of the competition, Victor Buensuceso would clock in a really close laptime, just one-hundreths of a second shy at 1:45.052. Gab Junaego rounded up the top three with a 1:46.537.

Round 2 winners

The top three winners received gift packs from Toyota Motor Philippines Corporation, Motul, Mothers Philippines, mousepads, Remixx Clothing gift certificates, while the first and second place winners also received gift certificates from VHT.

The GT5 Challenge 2 was supported by Virtual Racing Rentals, Nissan Motor Philippines Inc., Toyota Motor Philippines Corporation, Asian Carmakers Corporation (BMW), Honda Cars Philippines Inc., Mitsubishi Motors Philippines Corporation, VHT, Mothers, Remixx Clothing, and Motul.