VCD? Must be a GT3 thing...
There aren't drift settings, but my gripe with the GT2 R34 V-spec is the inherrent understeer bulit into that heavy car.
The simplest way to get rid of it is to decrease toe in the front, however, you sacrifice traction on corner exit. However, it makes for a more interesting drive with 4WD, so it's a safe bet in my opinion.