Fastest driver around Connecticut Hill (Watkins Glenn) in a Caterham R500 wins. Quite difficult I got to say, but fun, but I can't get under 1.23 per lap. Don't know how some people get down to 1.17'eens. Frigging aliens :-9

The winner gets to design his own track in the finished game.

http://www.eurogamer.net/articles/2011-12-02-design-a-track-for-slightly-mads-new-game-survey

how is this game now? out of curoisty can you paint your cars? or are they from preselects.

Quite a long way from any of that stuff getting implemented yet. There are multiple skins in the build but you just get one at random. They all look pretty good though.....

Personally I think it is very impressive. The forcefeedback and general feel of the cars is excellent.