As far as the racing, that was great. But the video was rather boring; the default camera shots - and not only just the default camera shots but the same ones over two laps. (Until the very end where you did add another perspective). I know you were likely not aiming to make a quality video; but (and without meaning to sound as harsh as it does) I think this would have been best written in a story vs shown like this.
Add different points of view and play with the cameras for a little bit of time, it will give a lot better result; possibly liven it up with some form of music. Not saying remove the ingame sounds, but some background music would be a nice touch. Like I said, the racing was nice.