i almost made a thread on this stuff. Well hey i just wanted to let you know, Forza 3 had a new revolutionary engine for the tire physics in one of the press conferences they said how they managed to do it, basically what it implies is that when a car at any velocity makes a turn the center of gravity shifts, but knowing physics you understand before i even tell what happens, as you begin to turn (as in a circle you turn but you move straight) therefore the weight of the car is pushed forward even when you turn creating the long displacement, but the interesting thing is what happens to the tire, since the weight is shifting the outside tire wall is pushed in and the tire "thins" where it makes contact with the floor, while the side of the car facing the inside of the turn experience little force and loose some traction.
Just adding some info since i know you guys where working on that (main page). As there are infinite mechanics on how this works maybe you could have missed something idk, hope it helps.