I gave 4 stars because of the work. Missing documentation made it loose 1 star ...
I have extracted all parts (1 to 10) into one folder (there will be an archive file afterwards and archive part files (002, 003, ...)) and extracted the first archive file with 7z.
I think winrar will not do the job.
It will result in a new folder (I think f1 2017 1997) - the contents of it need to be copied to installation directory of F1-2017 and original files need to be overwritten.
I have not tried to adjust team and drivers names, but will do it next days.
Hope this helps :-)