Drifting seems like a completely pointless sport to me. It exemeplifies the negative aspects of a rear wheel drive car though poor engineering and terrible design. 'Drifting' is counter productive for racing and minimum lap times and through better suspension designs and settings, we try to correct the problem.
For example, I've gone auto-crossing in my 88 before (when it had much less power) and spent a large portion of my lap sideways and trying to keep the rear end under control. It wasn't on purpose, it was because of a terrible rear suspension design (4 link, auto-bind setup), and a setup that was too stiff in the rear, with too much tire pressure. I was literally sliding sideways around entire corners of the course and even swinging the rear end back and forth through a slalom section which I entered carefully. Sure, it was great fun, but it was SLOW and a great example of poor suspension design and setup.