your american , you obviously don't know what the real meaning of troll is.
I have tried iracing specifically in suzuka circuit , the layout of the track is there but the bumps and the tarmac type or the in other terms realistic details are not there and physics wise , its trash I'm afraid. No question for me.
I have tried
http://www.youtube.com/watch?v=udoydg7vtx0 , that's a real Ferrari simulator in abu dhabi , the physics you can relate to the F10's physics online in GT5 with tire wear and fuel load. The driving position in ferrari world's f1 simulator is just like a real f1 car because the simulator's seat is actually real f1 seat model (carbon fiber tub) although with some base forces simulated , the driving perspective is totally and completely different.
I have tried
http://www.youtube.com/watch?v=kCwH8fQWSFI&feature=related as well and also you could relate to GT5's race car online physics , I'm not sure anymore but the physics before 2.0 came was much better.
actual weekend racer? for sure in america iracing is "#1" I mean everyone from there just to describe a few exactly like you thinks they know everything anyway but nascar doesn't even use it and formula one has their own simulators way more simulated than anything america can give , you can't even compare any kind of detail of iracing to a real team simulator.
GT5 is a real simulator , the older GT's you can call arcade , Vettel or Coulthard themselves can answer you if they even bothered to.