Old program not running even in proper compatibility modes

I have been want to play an old racing program for some time now (Driver By GT Interactive) but it wont load. It was deigned for Windows 98 and 95 and i am running 8.1. I manually found the install file and installed it along with Direct X 6 and Direct X Media. I set the compatibility mode and tried XP, 98, and 95 along with selecting the "run in 8bit color mode", "run in 640x480 resolution", and "disable display scaling on High DPI settings" along with combination there of. Do any of you know what to do? DO you think it could be the Direct X not installing correctly (I had to get a copy through oldversion.com because it was telling me that it was unable to install when I tried it through the launch menu) or the game? Any suggestions are appreciated. Thanks.
I added at picture of all the screens i told you about and my current settings.

I ran into compatibility problems with some old games. Nothing I tried worked and I finally gave up. One of the problems I found was they could not cope with memory and how its handled.

is it this game??

it seems to work?

https://www.youtube.com/watch?v=1Hypnmbbhc4


https://www.youtube.com/watch?v=MpQd2Jgmr-E


also maybe this may have something but I haven't checked through it all

Driver download - PC Game

There are many possible reasons why an old program will not run on Windows 8. The compatibility modes work with many such programs but there are many more where they do not. Games tend to have the most compatibility problems, primarily because the designers have little interest in compatibility with future operating systems.

In many cases there is nothing that can be done other than install a suitable older OS under a virtualizing program such as VirtualBox or VMWare. You would need a legal copy of such an OS to do this.