"Skip race" is more like "restart race".
"Skipping" the race does not mean "winning the race". A patch made the race easier (at least I've read that), but the option "skip race" is only meant for ending (and failing) the mission to start over again if you know that you've sucked so hard* that there is no chance in even finishing the race.
*actually, you didn't suck. The developers did - it's the game, not you.
I'm just now playing this game, and the race is making me mad. It's not the AI, it's the physics. I'm pretty sure the real cars weren't made out of paper and had invisible wings. The AI doesn't seem to be affected by the same physics. It's driving me absolutely mad trying to deal with this, and that one little spot with the mini-snake? Yeah, that can go to hell. More than half of my tries go away to that spot, even if I slow down, because i'm landing on my side, upsidedown, etc.
I noticed in an earlier mission, the AI doesn't fly as much. Had to kill that guy? I realized quickly that you aren't meant to kill him early, so i just followed him until he gave up and got out of his car. I feel like there's something you're supposed to do in this race (i think it's making everyone wreck), just to make sure you feel like a total scumbag for working for these guys. I understand wanting to limit a character to certain choices, especially if the PC has a specific narrative, but the point of games with a story is to have some degree of freedom.
Anyone figure out how to take screenies? I hate how it's bound.
EDIT: OMFG, the poor guy who went through that to give us those saves. Check the timestamps. I understand he probably had work to do, but that huge gap that's not as prevalent as the other gaps show. You can tell he went to bed, got up, and totally wished he had not played this game anymore.