As stated above, the 1/r form of the potential has been tested for weak fields to mm scales or so. On the large scale, dealing with stronger fields, this 1/r form is correct to a great degree, for deviations too large would lead to strange orbits of the planets that we *don't* observe.
However, as stated above, the exact theory of gravitation has some small corrections for things like planets and GPS satellites orbiting Earth, which has been verified by observations.
So for mm to astronomical distances, Newton's law of gravitation works well for weak fields. For "mediumly strong" fields, the corrections due to general relativity can't be ignored, like in the example of the precession of Mercury mentioned above. So GR works well for mm to astronomical distances for weak to mediumly strong spacetime curvatures (if you want, "field strengths").
But for very strong curvatures of spacetime, GR does not make reasonable predictions, the most extreme case is when a singularity is found in the theory. Of course, observation has not yet told us what the more precise theory would be. Furthermore, there is nothing to tell us that at smaller scales than we've tested, GR is not modified. In fact, in both of the major theories with quantum gravity (string theory and non-perturbative quantum gravity [i.e. "quantum geometry"]) GR is modified at smaller scales than we have tested to date.