From the people who brought us GRID comes the next use of the Formula 1 license, and it appears that Codemasters will be making strides with the license this time around. F1 2010 certainly follows the Formula 1 season well. When you start the game, you choose some difficulty settings based on simple questions and then you're offered a list of teams that will sign you for the season. The easier the difficulty, the larger the selection of teams. Red Bull, McLaren, and Ferrari are not selectable from the get go regardless though. Once you hop on a team, choose the race length and difficulty, you're pretty much thrown into the game. In a short weekend race, there's practice, qualifying, and the actual race.
And that's pretty much it. This is no Gran Turismo with painful license tests. Race strategy and driving skills are not taught. This makes for a steep learning curve that many will not take kindly to. Give the game some time though and you'll be racing around corners at the limit having a blast.
The game is not without flaws however.
I just crashed perpendicular into a wall at 150MPH. My front wing broke a little. I reversed and was on my way =\