That's the same system I run (only difference is I do have 1 Meg video and
the 8 megs RAM and 128k cache) it runs fine in VGA btu you do have to
turn a few thigs off like the grass texture and sometimes the track texture.
The other part youy'll find out is during the races you'll want to turn
down the number of cars drawn in front (I have mine down to 8) and the cars
drawn behind (I have 1) other then that I've spent hundreds of hour playing
the game and do agree it is THE best car racing sim there is...