So I wanted to give it a try, but
this page suggested that there is a GBC and SGB mode. It took me some time to find the proper ROMs and enable the proper setting in VBA. Now I need to figure out which version to take. Personally, I'm always in favor of the monochrome GB mode
but I guess I should go with SGB.
E: It turns out SGB is slightly slower compared to the GB version, so I will use the GB version.
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Motocross Maniacs (U) [!].gb
The original version of the game.
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Konami GB Collection Vol.3 (E) [C][!].gbc (The game is renamed to "Bikers")
Same as the original version, but with colors. Unfortunately it runs at half the speed compared to other versions, so I think this shouldn't be used.
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Konami Collection 2 (J) [S].gb
Same as the original version and with SGB border. The colors are slightly brighter.