Depending on where Race Department servers are hosted depends if there is any effect if this law does get passed as the law ends fair use on main land Europe with fines going to website owners that ignore the law.
To break this down a little more, what this law could prevent on Race Department ( i would say on the more extreme end ) as Race Department would have to scan every upload and remove anything that has been trademarked or copyrighted
Track Mods that use the original track name ( only if the track owners have not given permission ).
Car Skins based on real cars ( same as above and this also effects copyright logo's )
Car Mods. ( all cars are subject to copyright laws to prevent competition for copying their design features )
Posting of images of any race car even if the person has taken the photo themselves.
Quoting any news website with out permission as there would be no fair use.
Youtube will be hit the hardest as we should see a massive purge of video's that currently fall under the fair use laws and a massive amount of Video's will be blocked in Europe
If this Law does get passed i can an increase of Europeans using servers in the UK or else where to get round the fines as different laws will apply.
I would ask everyone in Europe to contact your local MEP and tell them this is a bad idea and fair use should not be made illegal as this would be the only way they listen
