Select "Freestyle" at the main menu. Select Sierra at
the character selection screen. Select "Time Trial" at the race
configuration screen. Set the number of laps to "6". Turn off all
Blades, then put Edge as Blade 2. Start a race, pause the game, then
quit the race. Press Triangle at the race configuration screen. Press
Triangle at the rider selection screen. Quickly press Up, Down, L1, R2,
R1, L2, Circle, Select at the title screen. If you entered the
code correctly, a box with "All Riders Enabled" will appear near the
lower right corner of the screen.