In my preview of this game earlier, my biggest complaint was that there weren't enough vehicles or tracks. Make sure your graphics setup is properly listed on the opening screen. When I installed the game, I kept getting bizarre visuals until I finally figured out that the installation program had not read my Voodoo card correctly.
Reflections are spot on and the suspension works realistically.
Another area that is handled well is the headlights in nighttime races. Unfortunately, the scenery isn't up to the same standard. Everything is blocky dirt thrown up from the wheels consists of black triangles, even in snowy scenarios. Water is just a flat, non-reflecting surface that doesn't even create a splash when trucks go through it. But the engine sound seemed muffled, which made it impossible for me to know when to shift by the sound.