Yesterday id Software has released a patch for the PC version of Rage, the fixes in the changelog include adding new video settings: "texture cache", "vsync", and "anisotropic filter" as well as a workaround for AMD driver crash right after intro cinematic.
Below is the changelog to the update:
Implemented workaround for AMD driver crash right after intro cinematic on Win 7 32-bit systems.
Disabled UBOs because they are causing animation issues with AMD drivers. Don’t allow swap-tear to be enabled on AMD while the extension is not exposed because it may crash.
Support for new video settings: “texture cache”, “vsync”, and ”anisotropic filter”
Automatically adjust vt_maxPPF based on the number of available cores.
Improved performance for SLI cards when GPU transcode is enabled.
Fix for GPU Transcoding option being disabled after exiting gameplay.
Added safe mode to restore video settings to default values.
Allow g_fov to be changed from the RAGE launch options in Steam.
Server now forwards text chat from clients to all other clients while in-game.