Codemasters lost the plot years ago. I read tales of horror about F1 2010, and their response was 'oh well, F1 2011 is coming out next year and we'll fix all the problems for it'.
Everyone hated the way that Dirt 2 was all X-games and fratboy hooting, now they've done it again.
Have you tried Ridge Racer Unbounded? It's meant to be pretty good.