I had my first ever online race on Sunday and was pleased that I only got lapped once!
It's a start, well done.
1. Is the password to enter the race issued in the pre-race chat?
No, generally it will be in the race announcement thread on the forums but last night was a fun race.
2. Although I am running the 65mod, do I need to upgrade to the later version 2.0?
You don't have to but others will have the benefit of slipstreaming where you won't, and the smaller collision boxes mean that you have more room around you for close quarter racing which really helps when racing online. It looks to be pretty stable for everybody so far so back up your Sierra folder then do the install if you like.
3. I also noticed the words po in top left corner of my screen, what does this mean?
That is people sending the message
PO (Pit Out) so if you're passing the pitlane somebody may be making their way onto track, just beware. Sometimes you will see the message
PORF (Pit Out with Race Fuel) or you may see the message
Thanks for running straight into me you Twunt! You can probably work it out.
To send messages press Enter, type your message and press enter again.
This is generally only done in practise. Race chat is kept to a minimum and should really be avoided as it is distracting.
Is it worth trying the 60fps or might this slow down the online game.
People are still finding this out so it may be best to try it in practise rather than races where I don't think it will be in general use as some people run PCs that can't handle it.