I am using a 350mm custom steering wheel which is much heavier than the original Logitech steering wheel! If you are using the original one you may need to reduce the force feedback a bit!
If you feel the wheel is spinning too fast, reduce the acceleration to 0.5.

(Change only the parts marked in red.) For me Ackerman Angle should always be at 0% because the farther you set it from 0%, the easier the car will spin out. However, if you want to make the car more slippery, you can increase it, but I recommend you test it by increasing it by 10% each time.

The default max. steering angle is actually good enough and I don't really see any difference, but I just always prefer max because why not lol.

You may need to reduce the Steering axis offset and Kingpin angle inclination a bit if you use the original Logitech steering wheel.

(Change only the parts marked in red.) I don't think I need to explain much about engine tuning. The stronger the output, the easier it is to drift. About torque: I always set the green curve to be slightly above the blue curve(around 4200rpm-4400rpm, The Rev Limiter should always be at maximum.). Trust me, nothing can go wrong this way.

(Change only the parts marked in red.)

Congrats! Now you can drift with anything as long as that has four wheels!

Just to prove that it's possible to drift properly with these settings. :)