You wrote:
1)my cd writer is-HPCD-WIRTER+9100b
2)my reader is-MATSHITA DVD-ROM SR-8585

Your writer is NOT fully CloneCD compatible. The sub-channel data boxes should have been greyed out. Were they? In the long run, the 9100b is the WRONG burner to have for PS2 copying. I strongly recommend the Yamaha 2200 or one of the Plextor W2410A.

For Ridge Racer V with CloneCD, which isn't protected (PAL version), don't check the sub-channel data and choose SAO on burning.

If that doesn't work, remove CDRwin fully and re-download it (preferably buy a licensed version) to use the demo at 1x. Remove the old one first. Then copy via the BIN/Cuesheet method and burn back using default settings throughout.

I don't want this one to beat me, let alone yourself. When you've come through this, you'll know quite a lot!