The vets can talk more about it than I can. It is too early to say for me if it is good value. As I mentioned, the races available to me at the moment are limited. Most of the official races require extra content. Therefore, as far as I can tell, it is not possible for me to advance my license at this time. That may change from week to week.
I’ve been racing every day. If that continues, I will get my money’s worth. The novelty may wear off. $60 for a year is the same as my XBL subscription and I certainly get awesome value out of that. I have not touched the Xbox since signing up for iRacing.
Pros (so far):
-I think it looks good, but I am easy to please.
-Easy to use.
-Official races every 30 minutes. Always have a group to race with.
-Keeps track of all your stats.
-Good quality cars and tracks.
-Penalty system encourages clean racing.
Cons:
-Microtransactions; having to pay for every individual car and track.
-Limited races available without buying extra content.
-Penalty system does not work on many racers.
-Wreckers can easily ruin your ratings.