Finally!!! It works on windows 10!
I own this game for about 5 years. It never worked normally. I tried the other fixes that I found and they were partially working. They fixed only the crashing thing for me. The game was running but only in a small window and also in the game the map was dissappearing and reappearing after pressing nitro. But you cannot play like this. So the solution is:

1) Firstly, go to "Midnight Outlaw: 6 hours to sun up" folder and make backup of
MidnightOutlaw exe and Localization folder.
2) Download "Top Gear Rpm Tuning" from Abandonware. This game is EXACTLY the same and only the name changes.
3) Once downloaded, install this as normal. Now if you try to play this you will notice that is
working without any issues and even without changing anything in the compatibility settings!
The ONLY problem is that the game is in Russian Language.
4) So now copy all files from the "Top Gear Rpm Tuning" folder and paste them in
"Midnight Outlaw: 6 hours to sun up" folder. Then paste your backup MidnightOutlaw exe and
Localization folder and delete the RpmTuning exe.

That's all! DO NOT forget to remove any compatibility settings from all the exe otherwise the game will crash on startup! Now you can run the game as normal from Steam.

And also you can unistall "Top Gear Rpm Tuning" without any problem. The game will work normally from steam as it was meant to be played!