The game features a very respectable online mode as well as it allows up to 11 people to race it out online in their F1 cars.  This mode allows you to show off your skills or get beat down completely and embarrassed, either way, it is highly competitive, smooth, and a great deal of fun.  Some things are missing from the online mode though which could have been great additions.  One addition missing is a spectator mode of sorts.  It would have been great if you could log on and watch the highest ranked player in the world race around the track and make you completely jealous of his ridiculous skills.  Or it could have been great to log on and watch the last time you whooped your buddy around that tight turn on the final lap.  Maybe next year a mode such as this will be added as well as possibly a season mode online.

Formula One Championship Edition is what it is.  The game is a very solid and top-notch F1 racing experience, probably the best ever created.  That does not mean that every gamer should go running out and pick this one up as it is not something that is going to appeal to everyone.  True hardcore racing fans who want the total simulation experience, penalties, rev limits, pit stops, etc, should look no further than Formula One Championship Edition to fill that void on the PlayStation 3, at least until Gran Turismo officially releases on the console.

The game features some top notch visuals as well as very solid audio and tight, yet difficult to master, gameplay which can be adjusted to please the novice racer to an extent.  While the game is not perfect, for a launch window racing title, it may be your best bet for a simulation racing experience on the PlayStation 3 in the current and foreseeable future.