HiyakuShiro's settings are very good. I just made some minor tweaks to make it suit my driving style a bit more.
Here's my settings (mostly based on HiyakuShiro's settings)
442hp
Exhaust: Racing
Chip: SPort
Tires: N2/N2
Nitrous: 50
Brake: Racing
Brake Balance: 9/3
Suspension: Racing
Spring Rate=9.8/8.7
Ride Height=53/63
Shock (Bound)=7/7
Shock(Rebound)=6/7
Camber Angle=2.4/1.0
Toe Angle=-1/+1
Stabilizers=4/4
It turn out that I have to use more front camber to reduce front tire grip. Without adding camber the car would tail spin when sideways. I found that using 4.0 front camber make the car easier to drift longer. Using 5 front camber would reduce tail spin more but making the car hard to control when drifting.
This car is a joy to drift, it will keep tail sliding as long as we can give the car the correct steering. Drift using brake is hard, but for novice like me can use e-brake all the time without fail . If its turn too hard use brake or steer, if its not drift deep enough add e-brake .........
Full throttle all the way is fine as long as you keep steering. Full brake, full turn, e-brake, Full throttle .
... i drift this car stock, its just the reverse. lift off creates major oversteer and throttle corrects it. revers your styl and you have a nice little car.