Help for full race videos

Hello :)

I would like to have some help to change my method making videos. I record with Fraps (full licence) becouse I usually don't like other recording software (less quality), then I use H.264 codec to compress; last step is make HQ highlights videos with Movie Maker (15 minutes are about 1GB). This work requires quite a lot of time (about 40 hours yearly), and I'm very late with my 2013 highlights. Now my idea is to make full race videos with this style.

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How can I do without having a 6GB file? Maybe I'm wrong, but I see full race videos on youtube with very good quality and not so big size (example: FSR HQ full broadcasts). I opened a very similar topic in FSR section. Thank you for your help ;) .

PS: this is my last highlights example, created with that kind of work I'm trying to avoid. 2013 excepted, I made highlights for my entire simracing career (50 races approximately, from 2009).

 
use AVS Editor and after importing files of 4GB large, converted in HD 1080 video of 5 minutes would be around 130-150mb with GREAT QUALITY
 

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