Ok, managed to extract all the data of the telemetry app into a common file format.
The telemetry data is stored by McLaren using the HDF5 format. This format is a hierachical one and follows some sort of directory structure. Normally, HDF5 is used in big data or analytical applications.
Attached, you will find a script in the programming language "R", a special purpose language for statistical data manipulation. The language is free and you can download a full development environment call "R Studio" free of charge.
Important: You may have to change the extension of this file from ".txt" to ".R" to use it within R Studio. I cannot upload non-text files to this forum.
In the script you will find two variables "inputFileName" and "outputFileName", which you need to change according to your needs. The input file must be the data file from your recorded session, the one with the ".hdf5" extension. The output file will be created and is in CSV format, which can easily be used with video overlay renderers like RaceRender or Dashware.
Have fun...