I don't like FE1, 2 , 3 etc. codes for the tracks in the game menus, I still don't know which code is for which track, so some new player... oopsie... racer will have some trouble with all that. Then again, he has full name of the track in the info box so... hm... dunno.
All in all, it's very nice idea
P.S. I also don't like your color scheme, to alien for me