Looks like I'm going to catch some flak for my post in the Demo thread, but here are my first impressions. (My impression may change with other tracks/settings in time)
Hopefully the visuals get a few upgrades/tweaks once out of Beta. I don't know what some people are smoking, but during actual gameplay the moments the game is rough looking far outweigh the moments it looks good. Anything more than like 20 yards from your car is pretty messy. It's really noticeable when you're looking ahead to hit corners.
Now in the scapes and replays...the game does look really nice. The handling isn't too bad (actually feels good so far), and I was happy with the sound of the cars. The "guttural" sound seems to be a little lacking on my Mustang, but it sounds much better than previous games.
Haven't had a chance to pull my PNGs, but I took random shots during the driving tests and my first race if one wants to see where my thoughts come from.
Edit** Open these full-res (new tab) on a computer/big-screen if you want to see what it looks like.
Trees and mountain are really rough on the driver test track.
What are the trees doing?
What's up with the track textures during the pre-race..haha. DC did this too.
The mountain/background textures are rough.
...trees/bushes still being all weird.
This stuff really sticks out on 50" 4k screens. I actually moved from my 4k to my 40" 1080p and things aren't as distracting.
Note: I've only spent a few hours with the game and when it comes to actual racing I've only been doing the Driver Tests and the one Arcade race above.
I do love the lighting, I just wish the track assets were a bit nicer.