Oh yes, torsion bars are used in any number of competition cars such as sprints, midgets, and other open wheel racers, as well as a large number of modern light trucks and SUVs. They are a very effective suspension design.
Despite 100 + years of development, there are still only four ways to suspend a vehicle; torsion, leaf, coil, or air. Until I get my Jetson car, that all that's out there.