I stumbled across this and thought it'd be good to have posted here for reference. It shows beautifully the difference in perceived speed at different field-of-view settings.
Quote from Sobis :You can do the same in LFS, just press 4 or 5 to change FOV while driving it's also a trick in the movie industry to make some stuff appear to be faster, a good example everyone might know are the nos buttons from F&F 1-2