Dunno, if EA's studious will really put a hand on Project Cars it could be full package most finished racing game. SMS already has completed, competitive physical model and engine, they most definitely lacking appearance and presentation. EA never let me down in regards of creativity on fillers, all Need For Speed games had a lot of content connected together by decent structure and events. I mean Shift was not only a racing simulator, but an interesting single player game, Pro Street was a peak of a semi simulator hybrid. If they manage to do better together, at least in some extent, it would be awesome. Adding Codemasters to the mix, and to fail isn't an option, it seems just impossible to misstep, having so much good things in one game.
I'm very optimistic, I know EA could be a scum sometime, but they not only make money, they spend them on their games and this is how it suppose to be. Personally, they could really flood their game with questionable financial mechanics, but it's all has to be worth it and EA can develop like that too.