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GT SPORT is now a 3+ year old racing game. In my opinion it's not worth the time and money needed to keep on updating it
Depends on how much you value the goodwill of your players, I guess. Gran Turismo has somewhat of an advantage in that there's a solid base of people that will buy it pretty much regardless, but there's always at least some value in making sure that your players feel like you're looking out of them.
For example, see all the goodwill that CDPR had built up before Cyberpunk -that had to have at least some influence on just how excited everyone was to throw their money at another CDPR game. I know I'm generally much more keen to spend my money on companies which I feel have given me excellent value in the past.