NVIDIA also shared a brief video gameplay comparison of F1 2021 with NVIDIA DLSS enabled and disabled.
For some reason, though, the implementation of NVIDIA's Deep Learning Super Sampling technology in this game leaves a lot to be desired; to begin with, it's not possible to select different DLSS presets from the options, and the official benchmark linked above suggests F1 2021 has DLSS locked at Performance Mode with an output resolution of 4K.
And with ray-traced shadows, existing shadows are enhanced with more accurate detail that naturally softens and sharpens, and many more smaller game elements now cast shadows, further enhancing the realism and quality of circuits, cars, and other game elements.