This is pretty much the same as Supercar Challenge, which itself was pretty much the same as Ferrari Challenge. I'll only consider getting this if they add a few more non Ferrari cars, fix the qualification system, and allow different models to run at the same time.
So how is this different from Supercar Challenge? The price maybe? Looks exactly the same: same cars, same, tracks,same engine. Heck, even the liveries on the cars are the same.
The visuals aren't too hot but it could be a half decent experience if you are after a pure and simple racing game without any tacked on extras.