go to your f1graphics.cfg and then change the res to 1024*768 like so
1024 ; [RELEASE] Game 3D Horizontal Resolution
768 ; [RELEASE] Game 3D Vertical Resolution
or if that doesn't work then put/copy that f1graphics.cfg in this folder
C:\Program Files\Infogrames\Grand Prix 4\GPSAVES\Carsets\GP2 Season 2005\Data\Files