It's still fine to use a wheel if you want. It's not super arcadey, but it's not a sim, either. So whether you'll enjoy using a wheel depends on how much the contrast between using a wheel and having less-than-realistic physics bothers you.well that's disappointing.
For me, I dont like it. I prefer using a controller for these types of games and save my wheel for racing sims. Not everybody is like this, though.