Are you on pad or wheel? I'm on the wheel and I can floor the brake pedal until I'm just about to turn in, then blend it out to avoid locking up. As for TC, I've not felt any need for it with the wheel. I seem to be able to feel the car go and at least save a 360 spin, if not a big wobble coming out of a corner.
So, After I got the hang of the basic driving I decided to ditch Bahrain and go to a proper track - Suzuka. Now, like most enthusiast racing gamers, I'm sure you can bang on most games and complete a track that you've played in another game without too many incidents. This is a totally different beast for me. It's like starting from scratch even though I know the layout of Suzuka perfectly well. I'm starting to fucking love this game.