With the high horsepower car, this is easily the way to drift, but too much power can harm your control over the car, thus your car will sometimes just overteer uncontrollably. Steering, footwork, and your line of drift comes so fast that you have to react fast, this is needed when you have bucket loads of power. Horsepower ranging from 400hp to 5oohp are considered high horsepower cars and a bit hard to control sometimes with their volcanic power and torque. Likewise this gets you to have a different style of drifting, like going fast before the corner and braking hard to reduced the speed and then sliding it. If you go too fast in the corner, you will inevitably crash. That's one thing that low horsepower is good at, you just keep the floor flat so you can clearly drift through the corner.
Whichever car you have you will be able to drift it, but with difficulties on both. Its a good thing because with hardship you can learn a lot and you can get good at drifting whichever car you have.