Ps3 came up with error report no.80010514 when loading game

Go to this link as it has nice info on how to repair the problem. Its too much to list here. :)
http://www.ps3errorcodesfix.com/ps3-error-code-80010514

Either a) a faulty sector on the internal hard drive, or b) a faulty installation of software/firmware.

These are both serious issues that are permanent. A factory reset may help but is unlikely.

http://www.ps3blog.co.za/2008/04/10/ps3-error-80010514-explained/

Hello Sir

80010514 - An error occured during the start operation; Ps1 game swapped using
the eject function and then play pressed quickly - ps1 game inserted
again

Hello Sir

80010514 - An error occured during the start operation; Ps1 game swapped using
the eject function and then play pressed quickly - ps1 game inserted
again

Hi , I'm Glad To Help You Sir

80010514 - Disc error detected. Retrying operation

go to this link and it will explain your error code and how to fix it.
http://www.ps3blog.co.za/2008/04/10/ps3-error-80010514-explained/

go under settings then system settings then restore default settings

Unfortunately, from what I have read, it looks like you should call Sony. This is a hardware failure code and has nothing to do with firmware. Hopefully the system is still under warranty.

Buy an xbox

your error means this according to what I could find out : 80010514 - Disc error detected. Retrying operation. Do your other games work. If so, then you may have a bad game disc. Or it may be scratched or dirty. If your other discs work, then I would try this game on someone elses unit, or check it for dirt/fingerprints. If that doesnt work, you could try a cd lens cleaner disc..it may help.