"Unable to launch Direct3D. A compatible graphics card or driver was not detected"

This is the message I recieve when I try to launch the game on my PC.

My PC meets all the recommended system requirements and even exceeds them.

Because I at first thought that it was due to my widescreen screensettings (currently at 1280*720) I tried to start the game in a Virtual PC (using Microsoft Virtual PC 2007, fully installed tested with other games), but even while putting it on a 4:3 resolution the program claims the same.

If there's anyone with an idea as how to solve this problem I'd be gratefull.