It could be worse... EA could have gotten the license!
Still, considering the arcade like physics of both DiRT and GRiD,
I'm certainly on the fence. On the other hand, I also really like playing DiRT and the demo for GRiD is fun. I just don't think that style of game translates well for a realistic F1 game. So hopefully they'll start from scratch as far as a new game engine. In terms of getting a wider audience, thus more support for future titles, multi-platform games are great. However, I'm also some what
concerned over the possible compromises they'll have to make in order to make it a multi-platform release.
As they say... only time will tell.
Hopefully Codemasters will pay close attention to the many things that work well in F1CE and try and incorporate them into their game.