Codemasters, makers of the popular Formula 1 racing consol games have release a FREE online Formula 1 game today. Link
From the site:
Featuring all the stars, cars and circuits of the 2011 FIA Formula One Championship, experience a whole new world of Formula One through your web browser.
Take on opponents and climb the leader boards in accessable online multiplayer races. Jump into time trials and Championships for a quick Formula One fix.
Check out the game and let us know what you think –Link