F1 Online is an online racing game, whose application is entering beta. It will release in 2012.
The game is a browser-based title whose closed beta is now open so those who want to get into the online racing should go sign up.
F1 Online has been developed by F2P and will be published by Codemasters, and features all the teams, drivers and circuits from the 2011 Formula One season.
Here is the debut trailer for F1 Online.