Adaemus wrote:
Steve McQueen's 'Le Mans'!
Though it's not so much a movie as a series of great shots of beautiful Le Mans cars. There is a plot, but it's not worth too much, just great for atmosphere; the sights and sounds of Le Mans captured on film.

There is "Speedway", from 1929 and has footage from the 1929 Indy 500. It is a silent movie, but has cameo appearances from racing drivers of the day.
TT3D: Closer to the Edge, is a 3D film of the Isle of man TT, absolutely insane and a must-have.
Spinout, an Elvis movie from 1966. Don't laugh, some of the cars used in the film are absolute classics. If you know and appreciate cars from that era, I highly recommend it.
The Cannonball Run nice cars, great comedy.
Stroker Ace, another amusing Burt Reynolds movie, but not worth the price of admission.
On Any Sunday. saved the best for last.
http://youtu.be/YLtBxmKll6U