Thanks for your comments guys.
- the car model (Global GT1) is almost complete although not very beautiful :( I'll have to find some time to revise my work and correct it.
Still to do: cockpit, steering wheel, dash, driver, etc;
- texture progress - 0.00% For now I'm using a simple base texture to get the car into the game. A friend of mine will take care for the rest;
- physics - ~5% I'm quite happy with the suspension model (thanks to Kangaloosh! and SimFactor for their wonderful software). The car is very drivable even with no downforce at all. Right now I'm working on the tires and believe me I'm having a lot of fun. Of course it will need refining and tweaking.
First ingame screens will be added when I have the textures ready.