Simraceway is a free online racing game which gets you behind the wheel of a vast amount of manufacturers and race against others online. Have you seen the steering wheel? Serious right. Well check out some recent updates from Simraceway after the jump.

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When we announced our beta in November, we listed some of the features our players could look forward to. One of those was the hosting of reproductions of renowned, real-world series on the Simraceway platform. Well the time has come to unveil our first virtual series—and it’s a biggie!

Earlier today we officially announced that Simraceway has reached a deal with INDYCAR to produce a brand new IndyCar video game.

This landmark agreement allows us to feature all the teams and tracks from not only the current IZOD IndyCar and Firestone Indy Lights seasons, but future ones too—and we intend to make the most of the opportunity, doing these celebrated sporting events complete justice and taking the racing game genre in a whole new direction.

So who better than four-time IZOD IndyCar Series champion, Dario Franchitti, to help us get things underway with the preparation of the main car to be featured in the game, the new 2012 “DW-12” IndyCar, named after our friend and Simraceway pro driver, Dan Wheldon.

Dario was at the Simraceway Performance Driving Center recently, shaking down his real DW-12 and our virtual DW-12 back-to-back, to ensure that our players get the real deal when they download the new car to their Simraceway Garage.

We feel truly privileged to be able to work on such a prestigious series which, of course, includes one of the most renowned races in motorsport—the Indianapolis 500—and while we can’t divulge too many of our plans at this stage, we can say that the game will include live, full-size recreations of each season.

The agreement also allows us to fulfill one of our core objectives: to start blurring the line between real-world and virtual racing. We will reveal more about how we intend to do this—along with the key features of the game—at a later date but, for now, we can confirm that we will be looking for every possible chance to maximize the synergies between each virtual and actual event.

More on the Official Indycar game here.

Additionally Simraceway adds Paypal as a payment method!

There’s nothing quite like the sensation of buying a brand new car, is there? The gleam of the freshly-buffed paintwork, the purr of a pristine engine, that impalpable aroma of an immaculate interior.

Unfortunately, while we’re pretty sure we can recreate every other aspect of a vehicle, not even our dynamic duo of Dario Franchitti and Allan McNish can nail that “new car niff” for Simraceway players.

What we can do, however, is make it even easier for you to get behind the wheel of a new ride. So we’re happy to announce that, in response to driver demand, we’ve added PayPal, the world’s largest online payment provider, to our list of payment methods.

Now, whether you’re building your car collection or destroying your rivals in a paid-entry Event, you can do it using any of the following options:

Credit cards: Pay with the plastic, including Mastercard, Visa, and American Express.
Moneybookers: Choose from a range of payment methods via
PayPal: Pay the safe, fast, and easy way, using your PayPal account.
We hope this makes it easier for our players to optimize their in-game experiences and we’ll be sure to keep you updated on our progress in creating “smell-o-vision” for the Internet age!