Patch 1 – During the game submission process for F1 2011 the team continued to work on the game, refining, polishing and tweaking and those updates were included in the patch released as follows:
PS3 Status – Released
Xbox 360 Status – Patch has now passed submission, due for release at approx 9am GMT on 5th Oct.
PC Status – Patch has now passed submission, due for release at approx 10pm GMT on 4th Oct
Patch 2 – The Dev team and QA are currently investigating a number of issues reported by players and trying to reproduce these in a test environment.
Source: Codemasters forum