CM dev team has confirmed they are working on a patch. More info here

- Fix Pit Stops 
- Enable Direct X 11  
  
When they do these I will be happy. I'm still loving the game as it is, but I could do with some more performance and getting held up in the pit lane is just plain annoying.

Fix my engineer being a dumbass and telling me my sector times suck on an outlap, going mental that I'm in pole when I'm the first to qualify, telling me I should copy a teammate's setup that I can't see, etc.
 
Edit: also allow me to control the menus with my wheel when I have a custom controller setup. I can control them when I use the preset, but not after I customize. What the hell.

With a 12 month release cycle I'm a little curious as to how much of the game they actually plan to fix.

" With a 12 month release cycle I'm a little curious as to how much of the game they actually plan to fix. "

So, has the 360 version been patched yet?

@Bullitus: Yes