Peds stop rendering when there's too many of them in single area

[rafalp]

This bug is specific to race track from Splat Pack, which has a ton of peds on a grand stand located next to original race's starting line:

If you drive there, you will see peds in distance:

But once you get closer to them, they will stop being rendered:

Those peds still interact with a car and electro bastard ray, they're just no longer displayed.