Fanatec Podium Racing Wheel F1 $1999.95 (save $799.95) (and Bundle with Clubsport V3 Pedals $2299.95 (save $249.90))
Yes, pretty niche deal and a bit egregious to still charge further for delivery (about $32 for myself, as an example).
Can't find much of a history of these going on sale as well.
It's cheaper than track time, or maintaining an actual car. I used to race but it was a very expensive hobby, these days I got a second hand cockpit and 2DOF setup, with a VR headset and a decent wheel and pedals. A lot cheaper and safer than my actual racing days.
It's not objectively cheap, but is in the same price range as a DSLR with good lenses or a good telescope or a short trip overseas. It all depends what value you get out of it.