Well, yes, duh, it's a racing wheel, but it's completely different than pretty much every other wheel. You hold it and turn it, there's no resisting force on it.
You do realize that a racing wheel doesn't need to have resisting force to be considered a racing wheel right? And it's not like they could do it when it's
wireless. Plus, it's a new design as a wheel, I'm pretty sure there are those kinds of wheels in racing cars today.
Wireless makes it all the better because then you don't have to carry around a loving heavy wheel and make a stand for it to use it when you can just put it on a shelf or a table for when you're done playing instead of having to lug around a stand or having to take off the wheel from the stand and put it in a closet or something.