Reference: https://members.iracing.com/jforum/posts/list/3651444.page#11589234
Here is a rough summary:
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Field Of View: controls how zoomed in the view is. Ideally this would be set via the FOV calculator on the graphics screen, but you need your monitor to be close to your face for the calculated FOV to be worth using. If you get this 1:1 with reality the view will change just like it does in a real car, if you set it much wider than reality then everything will feel faster, not in a good way. You can adjust this in car via the [ and ] keys
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Driver Height: moves the driving camera up or down the same amount in all cars. Adjust this if you feel short or tall in all cars. You can adjust it on a per car basis in the camera tool by editing the z-offset. You are limited to just a few inches of adjustment here, we don't want you moving your head outside of the car body. You can adjust this in car via the Ctrl[ and Ctrl] keys
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**Sh