No, F1 2010 is not iRacing and does not qualify as a hardcore simulation in any shape or form.
To be honest, I´ve never been more torn regarding a title as I am with F1 2010. There certainly is a lot on the bright side, namely stunning graphics, excellent atmosphere like you won’t find in any other racing title and a rather innovative career mode.
Sadly, the title feels very much unfinished in its current state, being plagued by bugs and a horrible AI system as well as very limited multiplayer options. What makes these problems worse is that, aside from the issues, F1 2010 is a very fun title that shows a lot of promise.
Source : www.virtualr.net