anyone knows how to play it without graphic issues?
I can play it but to see the car color, I have to play in very low car details and I see the wheels white.

no possible with a V3, unluckily
i see the same defects like you
i ask me only if the problem is with the textures (256*256) or the gfx memory (16 mo) because with a V4 4500, no problem...

Well, I have tested a lot and it seems that is the luck of texture compresion and the pixel shader caps, I tried the game with 3d analyzer and it crashes[]

Once I got the wheels textures OK when I was playing with the drivers but I dont remember what versions were.

Tbred A 1700+/A7V133
512MB pc133 cas222
Voodoo 3 3500