If you're playing F1 2010 on the Xbox 360, install the game to your hard-drive. It'll halve the load times, though you'll still have to wait for the tips to go away sometimes.
And I think it would be neat if F1 2011 had a spectator option, as well as a "real events" option, which makes the AI run the race in a similar manner to the way they did in real life (e.g. same tyre strategies, lap times, safety cars, retirments/overtakes on respective laps, etc.). F1 World Grand Prix 1997 had this option, and though the simulation didn't replicate the exact lap times and location of overtakes/retirements, the race results, driver pace, and pit stop strategies always matched real life. It would be interesting to see what they could do with this concept now that they have much more computing power at their disposal, though I don't think it's something that we'll be seeing from Codemasters.
Got PS3 and takes a bit to load, twice as much as dirt3 i reckon.
I'd like a spectator option too, some of us enjoy the visual masturbation of saved replays and the computer racing itself (perhaps the gran turismo inclined, like myself), but I'm aware of f1's AI issues making this tricky.
Oh and uploading customisable helmets (for consoles), should be straighforward, especially seeing how you can do detailed faces in FIFA and thats a bit more difficult.