I got it! The headset is uninstalled and reinstalled. Now it works! At last! Thank you all for your time and help!
Crazy isnt it? A bloody headset needed to be uninstalled and reinstalled to get a racing sim to work. Thats PC life for ya. At the very least with a few years of PC'ing you become pretty good at troubleshooting. "Hmm, my banking program doesnt work... Ah! Maybe i just have to reinstall my XBOX gamepad!".
