Caporegime
I think the biggest hurdle is finding a physical system that can steer as accurately and as quickly as a human does.
Electronic throttle ? yeah no problem, likewise with changing gears, its all done via electronics
But steering is still human, and i dont think you could find anything that could do it quick enough and accurate enough.
Nonsense, of course it's possible. Just look at fly by wire fighter planes etc..
Heck, a steering wheel is a simplistic device so that a human can operate it. A computer would have no problem steering all 4 wheels independently. Likewise it can modulate the braking on each wheel independently, and could precisely control the diff for better traction. I think a well made computer driver would be faster without a doubt.
begs the question why hasnt it been done ?
begs the question why hasnt it been done ?

I think given a reasonable budget, say £10m it would easily be possible to do it.
I think you lot underestimate the difference between quick and on the limit of the best human. £10M wouldn't get close.