Just looks like a video of someone showing off to their buddy behind them and paying for it. Capable cars do not make for capable drivers. But with that said, 99 times out of 100, the Lambo may have not lost control, just this time it let go.
My car has gotten loose and with slight correction of the steering wheel, it keeps going straight HOWEVER, I have yet for my car to REALLY loose traction and my car also has almost half the hp of that Lambo, so I can't say I'm any better than the guy in the video but I also know I'm not going to try and cut through traffic because I know I'll look like a moron should anything happen and it gets caught on video.