This is a remake of the first couple of episodes of the 1998 Initial D series. Though the animation is of a better quaiity the primative cg was oddly enough one of the endearing qualities of the original series. It lacks the trademark cg races and eurobeat music.
Though this isn't an awful movie, it seems unnecessary as it is inferiror to the series it is a remake of. I recommend watching the first few episodes of the original series instead as it is superior in everyway excepting the anmiation quality.
I also felt this movie was interior to the live-action Initial D movie, it tells the same story and I recommend watching it instead of this one.