I played it a bit at a friend and judging from what he showed me, this game is plain bad. There´s so many essential things missing (like pit stop strategy. Not being able to set this is like a football game with no manual play calling) and the race engine is beyond bad, nothing realistic about it.
If anybody wants a fun classic (and free) F1 management game as an alternative :
Download Grand Prix Manager 2 | Abandonia
essential downloads (mods and also stuff to make it work on newer Systems) :
Downloads « GPM2World
you definitely need :
http://www.gpm2world.com/?file_id=26 (newest patch)
http://www.gpm2world.com/?file_id=21 (manual)
wing32.dll free download - DLL-files.com (dll file needed, has to go in system32 folder (for 32bit Windows) or the SysWOW64 folder (for 64bit Windows)
It´s from the same guys that also made the classic GP racing games (which are still a million times better than what has come out in recent years. I would spent hours perfecting my setups to get that precious 1/10 second better and it was so deep and yet intuitive ...)
I spent many, many hours with this game. Not flashy, but adicitive and gets the details right (as of 15 years ago, of course). There´s even rule changes included from season to season making certain stuff legal or illegal (thus rendering your work developing either brilliantly spent or useless) and the game is not just fun for a season or 2 but has longterm playability as well.
Heck, even injuries from crashes and replacement drivers are in.
You can play either 10 years or do 3 years in a scenario mode. Fully customizeable, too (you can change the point system, the power of the engines, the skill of the designers, engineers
edit : Here´s the 2011 mod (you only need to download the .dll files above, the mod includes the fully patched game. Just unzip and you are good to go)
http://www.gpm2world.com/?file_id=64