In Expert Mode, your wheel will work as a real steering wheel(G29/G920), which can be recognized by the console.
so all the settings can be done in the game as you did to a G29/G920.
on Xbox console, the expert mode is a beta one, there is no FFB support.
In Legacy Mode, your wheel will work as a controller, and it will also be treated as a controller by the console.
those settings are what a controller will need.