The Wheel is detected as a joystick, and it’s just setting the controls in AdvanceMAME for the racing games. Works great!
Outrun performs nicely on a Raspberry PI 3 with AdvanceMAME 3, on the PI 2 it doesn’t… the game is too slow and the sound is a mess. I didn’t test other MAME ports for the Raspberry PI (like MAME4All-PI, MAME2003,…), or the other versions of AdvanceMAME (1.4 and 1.6). You can find a list of MAME ports for the Raspberry PI here.
In the very beginning, MAME ran pretty well on an Intel 486… after version 0.106 it needs more CPU power and more RAM, to improve emulation.