Your best bet is to install an update for your graphics driver, or reinstall the driver.
After reinstall if it doesn't work, then re-install Freelancer as that will additionally link the DX driver also.
and as above - Did FL work on this machine before ?
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What's the other thing you have been doing, hitting reinstall? Cause yeah, uninstall, install is more complete, I think... And it very well may help to re-install the graphics driver, make sure you can download the driver first though. I'll tell you how to do it if you tell me you are running windows.