Yes agreed by the letter, some penalties applied are not dissimilar to real life.
The problem is, Gran Turismo isn't real life Motorsport and our lives aren't in danger. We aren't full time professional drivers. We don't have a weekend testing tracks (at least most of us don't).
Gran Turismo is a favourite among fans for its accessibility and fun, not its hardcore accuracy.
Is the more penalty system more true to life - Yes
Am I enjoying racing the new penalties system - No