I'm pretty sure the clutch isn't the primary issue with the grinding noise.
On my bike, sometimes when downshifting coming to a light I try to drop it into first a little to soon. The revs would, if I did shift, hit 4 1/2 thousand RPM on a 6 thousand redline. However, if I try this, when I tap to downshift the transmission grinds and I end up in neutral, the bike refusing to drop into first.
This might have to do with the gears. If memory serves, I belive in my bike the first gear's teeth are straight while the others are at an angle. This aids in shifting while moving, but obviously the first gear is a lot harder to slam into gear at high RPMs. And I don't revmatch on my bike, so possibly I might be able to get it into first at those speeds if I tried. Possibly.
I figure, the grinding noise comes from when the gears don't line up right and end up not sliding into place. The faster they're spinning, the harder it is for them not to catch. The purpose of the clutch is to aid in the catching of the gears. Thus, without the clutch, the game must assume the gears aren't catching (which, with a racecar, I'd guess is easier since most everything is spinning faster than on my bike).
Its all a guess, build from my personal experience and my limited understanding of automotive mechanics. Oh, and incase you're wondering, my first gear is fine. I haven't noticed any effect of the grinding noise (other than me shuttering).