Looks like you don't have enough ram. But if this game is anything like NFS Shift your video card doesn't have enough ram either. Add another 1gig stick of the same stuff or get 2 2gig sticks of something else in the same speed range/voltage, etc.
Min Specs:
OS: Windows® XP SP 3 (32-64 bits) / Windows Vista® (32-64 bits) / Windows 7® (32-64 bits)
Processor: Intel Core® 2 Duo 1.8 GHZ or AMD Athlon X2 64 2.4GHZ
Memory: 1.5 GB Windows® XP / 2 GB Windows Vista® - Windows 7®
Graphics: 256 MB DirectX® 9.0 compliant card with Shader Model 3.0 or higher (see supported list)
DirectX®: DirectX 9.0
Hard Drive: 8.0 GB
Sound: DirectX 9.0 –compliant sound card
Supported Peripherals: Keyboard, optional controller
Recommended:
OS: Windows® XP SP 3 (32-64 bits) / Windows Vista® (32-64 bits) / Windows 7® (32-64 bits)
Processor: Intel Core® 2 Duo E6700 2.6 GHz or AMD Athlon 64 X2 6000+ or better
Memory: 1.5 GB Windows® XP / 2 GB Windows Vista® - Windows 7®
Graphics: GeForce 8800 GT or ATI Radeon HD 4700 or better
DirectX®: DirectX 9.0
Hard Drive: 8 GB free space
Sound: 5.1 sound card
Supported Peripherals: Keyboard, joystick optional (Xbox 360® Controller for Windows recommended)