The game installs and runs fine.
There is severe screen corruption anytime the loading progress bar is shown, but that has no effect on functionality, just a visual thing, and it only happens at pre-game, not during the actual races.
I have not tested with a Joystick as I don't have one.
There is an odd problem with the system mouse showing in addition to the pointer used by the game, They seem to move at different speeds, but if you just ignore the system mouse pointer, then loading, configuring and playing this game work great in CX!