hmmmm
It plays very odd - the deadzones and sensitivities just won't go far enough. Only the last third of the trigger is used for accelerating regardless of values it seems and this is the main culprit of the oversteer thing - it's virtually impossible to apply part throttle so as to gradually accelerate out of a corner.
Similar with the steering, absolutely nothing you set gives you the ability to steer smoothly and gently.
It's playable from the bonnet cam or in car but as soon as you watch the replay you find you've pretty much drifted the entire lap.
Needs patching/modding IMO to sort the controls properly.
edit - this is with a 360 controller btw