Thanks everyone. It sure was fun and I learnt a lot about how my 1M reacted to throttle and steering inputs.
I honestly think if every 1M owner has the opportunity to have driver training like this in a controlled and safe environment (skid pan), there may be a lot less 1Ms out there getting out of shape and into an accident. This beast of ours is so unforgiving with the rear end snapping out when there is less traction, without knowing what to do and with a bit of egotism, nasty surprises are inevitable.
Safe & fun driving.