Indeed it is. Watched it recently. It's worth it, even if you already know the whole backstory.
Minecraft PC IP: play.cubecraft.net
CubeCraft Games
Simply
Story
Best part of the movie by far was when he ran onto the track with the sign "7000RPM ride like hell" and he went "oh yes" and went miles ahead of everyone, almost got tears of joy out of me.
Simply
I know right? But personally what I like most is that they don't focus on Ford winning, but rather on Miles and Shelby instead. Leaving us at the end with a kind of bitter sweet ending with Ford winning but Miles getting scammed.. and dying... :P
Story
The line that is a testament to this is "You promised me the drive, not the win."