Classic example of why it's better to be lucky than good.
Panic move--he was just fine, all he had to do was just let the car go straight past the dirt and lift, gently come back on to the pavement once he'd bled off the speed there was plenty of straight left before the next turn. Jerking the wheel when one side is off usually causes you to shoot straight across into the opposite wall, he was damned lucky. Try that crap at Road America in the kink and you buy yourself a helicopter ride to Milwaukee.