head to head
iRacing asks more than Project CARS, and the gap is reads.

Execution · Practiced Mastery
Hardcore online racing sim with PvP wheel duels.

Execution · Practiced Mastery
Simulation driving precision underpinned by setup tuning and race strategy.
iRacing leans Execution (Practiced Mastery); Project CARS leans Execution (Practiced Mastery).
iRacing leans a little harder on execution, though the gap is small.
iRacing
Brutally precise wheel inputs required
Project CARS
Braking points and wheel control at the sim limit
iRacing leans clearly harder on reads.
iRacing
Serious wheel-to-wheel racing vs humans
Project CARS
Online racecraft against humans adds light positional prediction
Same score on variance - which means the number cannot separate them. The difference is in what each one asks of you.
iRacing
Weather, tire wear, mechanical variance
Project CARS
Dynamic weather injects some session randomness
iRacing leans a little harder on optimization, though the gap is small.
iRacing
Setup, strategy, iRating progression
Project CARS
Setup tuning and pit strategy reward deep study
A matching score does not mean a matching test. Two games can both sit at 10 on execution and demand completely different things of you - which is why the reasoning above matters more than the number beside it.