Step 3: Crack the game, aka overwrite SPEED2.EXE with the one from the NoCD download. Step 2: Install the 1.2 update, it's absolutely necessary to have it! In most cases, it'll be a matter of just running the executable and the patch will install itself super-fast without having to do anything. You can get a key for the game online or use a Keygen. Step 1: Install the game by mounting the ISO for CD1 and running the setup.exe, then mounting CD2 when prompted. Ignore BK2010's guide as it has some issues and is outdated.
Alright, here's the best, hopefully idiot-proof install guide for this classic.