The F1 2017 module uses the game's built in telemetry to keep the data up-to-date. For this to work you need to enable UDP telemetry in the settings menu.
Enabling UDP telemetry
In the main menu, head into the game options menu (F2)
Select Settings
Select UDP Telemetry Settings
Enable UDP Telemetry on IP address 127.0.0.1 and port 20777 at 30Hz as shown in the screenshot below: