Just disappointing and unrealistic A quick review
Graphics:
Could be considered bad to normal depending on your experience with PSP games. Many pixels, a lot of slow frame rates (lag) while playing alone. Cars don't look very well, they don't even shine. The track is a gray road full of weird gray-scale pixels. You don't see where curves start or where are those little messages that tell you if the curve is 150, 100, 50 away, so it is difficult to be on the track.
Sound:
Horrible. The cars sound like a blender, I swear. And every car sounds the same.
Gameplay:
Quite annoying. The cars turn through curves like if they were drifting (That is what annoys me the most and you can't change that even on Car Setup, its not a bug, it's the way the game was done). The AI cars are stupid, they don't overtake, they move through the same race line all the time. Crashes are unrealistic. Wheels never fall off. Mmm, it's not as rewarding while driving like F1 06. Overtaking drivers is easy, and there is no fight back from them.
The game is not good. I don't recommend buying it. I'd rather buy F1 2006 again. I prefer to have old dated seasons with a better gameplay than a new season with really bad features and gameplay to offer.