I just tried uploading a video to google video, it's pretty easy. The size limits seem to be quite high (I posted a 30 meg video no problem). It got verified within 12 hours and was live.
It's a lame test:
It's my pathetic driving in TOCA 3, a few laps around the shanghai GP circuit in a mosler. (I just got the game a couple days ago).
Great game by the way, if you like racing games.