I had an AE86 that drifted all over the damn place, but as we all know that's not the fastest way around a track. You have to tweak the suspension a bit and it helps to know how to set up the real-life version of the car. I also had an S13 Silvia and an FC3S RX-7 that I had set up for more grip but with some changes could be made to hang the ass end out.

Oh and of course you should turn all that traction control shit off.