I understand the selector also determined power consumption limits. For example the GV(Grande Vitesse / high speed) position allows the train to draw full power from the 25kV AC supply, whereas the BR setting limits the amount of power drawn by the train and affects acceleration. Similarly the F (France) 25kv setting allows a greater power draw than BR 25kV settings, but not as much as in the GV setting.
AIUI, also the relevant signalling system (TVM, AWS/TPWS, KVB, etc)

