Formula Legends - announcement trailer.

[John S]

From the golden age to the modern era, race through time in Formula Legends. Master reimagined circuits, pilot legendary cars, and chase glory across decades of motorsport history. A love letter to Formula racing, where speed, skill, and strategy define the champion.

Graphics look more like Mario Kart than F1, but looks fun. 

[Dare]

If you can find a copy  Grand Prix Legends is the game to have. You can update
the cars and tracks to look more realistic.