Me too, I also have input lag, and it's not the TV, I have tested on a pretty awesome gaming monitor which I use on my PC.
There is actually a delay from when you push the thumbstick to steer your car, to when there actually is a reaction in the game.
I can't believe EA managed to * this up. It's like they wanted to focus more on the graphics than the performance of the game.
It's so goddamn annoying to play this game, the first thing I noticed when I started the game was "it's friggin horrible to play this game".