There's two ways you can do this, both require a good amount of buttons
1) If you have something like a d-pad on the wheel, you can assign each button to up, down, right and left respectively, which means you can control the F11 menu from your wheel. Additionally you might need a button to show/hide the F11 menu
2) You use LFS scripts (see
here) and create two scripts for each setting to in- or decrease.
An example script to increase the front anti-roll by one would be
/press f9
/press f11
/press down
/press right
You can also add another line to the script to immediately close the F11 menu again, but this has the drawback of giving you no visual feedback on what you just modified and what the new value is. So I'd probably make another script that closes the F11 menu (press F9 > F11 > F11) and bind it to a button, or alternatively you can also append a "/echo Front ARB +1" to let you know what happened.
If you're feeling fancy you can also make a complex script that toggles through different ARB and brake balance settings for each corner with the click of a button, but that seems somewhat overkill.