Three laps of Spa was enough for me to know it aint great.
Graphics are very average at best, I had everything on Ultra with 4x AA and I wasn't impressed at all. Sound is poor, no in car view, force feed back is as bad as Shift 1 and 2. Acceleration is basically on or off and the controller calibration tool is basically broken. They are aware of it, so why even both even launching a beta? This sort of stuff should be working by this stage of developement. In fact the G27 & G25 and a few other popular wheels should just work out of the box.
Some of the gravel traps at Spa shouldn't even be there. The inside of Au Rouge is tarmac not gravel and the outside of turn 9 (it doesn't have a name) is tarmac also and not gravel.
if iracing is the benchmark, then this game falls very short indeed. Even something like Race 07,with it's dated graphics, is a far far better game than this is at the moment. Beta or not they really should be further along than this.