This sound is from Twisted Metal 2 Soundboard

Twisted Metal 2 is the second game in the vehicular combat series, Twisted Metal. It was developed by the game studio SingleTrac, published by Sony, and released in 1996 for PlayStation and Microsoft Windows. The Microsoft Windows version features slightly cut-down graphics but doesn't require a 3D accelerator video card.
See also: Twisted Metal, Twisted Metal: Head-On, Twisted Metal 4, Twisted Metal: Black, Sweet Tooth (Twisted Metal), and Twisted Metal (TV series).