TLDR; Jump to EDIT2!
since Monaco has been brought online again, is anyone interested in an "updated", modded release in style of ReviveDC?
I spent a couple of days studying its file formats and can confirm following mods to be possible:
-official Driver names,official Team names - already updated to 2017 season data
-official Track names - already updated to 1998 season data
-Menu gfx - already changed a couple of loading screens(see Menu assets download link below )
-CDDA music (mrneo managed to create a working CDI, so music probably can be swapped easily)
-all Game menus
+100% modable (most likely)
-FMVs (already got the intro vid swapped with F1 Racing Championship's one)
-making oldtimer race track playable in multiplayer(in case it's not working in an official way)
-->First tests failed
-Sound effects (no tests yet, low priority)
+ 70-100% moddable (usable file converter needed):
+Car textures(can be viewed as RAW Data, no proper color palette yet)
+Track textures(can be viewed as RAW Data, no proper color palette yet)
EDIT can be swapped with custom ones. Color palette and resolution must remain the same though
+Track skyboxes(can be viewed as RAW Data, no proper color palette yet)
+Cockpit gfx(managed to make F1RC cockpits show up, no patrticullar order yet)
-Get your SD cards or HDD devices ready!
-Download, extract to the root directory of your SD/HD
-Boot up DreamShell
-select "monaco-opt" icon from the DS desktop
-See ya online
Real team and driver names(currently waiting for '18 roster):
Modded car and crowd textures.
Older version just for curiosity's sake:
part 1 http://www107.zippyshare.com/v/yXWUOnr7/file.html