Project Cars heads further down the game path, but has still won sim acclaim. The game was released last May on PC, PS4 and Xbox One, and is for the time being probably the best driving simulator available for console players. (Amazingly, a WiiU version was planned at one point, but was cancelled when the developers presumably attempted to draw a venn diagram showing the intersection between the number of hardcore racing fans and WiiU owners.)
One thing the game has going for it is some incredibly clever artificial intelligence on the part of your opponents on the track – so while the game might give you access to all vehicles and tracks from the get-go (no grinding through with crappy cars to unlock them), don't expect an easy ride.