That's EXACTLY my experience. Moreover, when I plug my G25 in, the game goes into "accelerate arrow key jammed" and you can't even cycle through the menus. Needless to say the wheel doesn't work.
I did get to tier 2 to check the E36, in the process I came across the S2000 which has over 300Nm of torque? Wtf? Most powerful N/A engine ever? I'm pretty sure even F1 cars don't have that much torque. Don't remember my S2K redlining in 2nd gear at 120kph either or having literally no power below the VTEC engagement. E36 M3 seems to be a bit wrong too, redline is in the wrong place, torque is 330Nm not 300, Z4M and E46 M3 have the same engine but for some reason the power outputs of the two are different in the game?
You'd expect the EA guys to at least get that right. Needless to say the interiors are beautiful as is the graphics. Combine this with LFS and I could play all day long - providing the cars behaved in the same way they do in reality. But to do that, they'd probably have to spend 20 years developing the game.
Thought I'd find an answer to how good or bad this game really is on LFS forum
Looks like the only reason I might buy it is to settle on the paint job and body kit for the E36 M3. But yeah, it sounds like a massive disappointment for the sim community. But on the other hand, they couldn't have made a proper sim because 99% of the gamers would get fed up after 2 minutes of playing it.