Police refer to flashing lights as "drunk magnets." I mix in steady lights for that reason, and worry about having any flashers at all.
A key in handling is having a reference line picked out and focusing on it. Provides something for feel of the machine to hang on. G forces, yaw angle, etc. Easier to learn with a high performance car. On a track, preferably. Eye focus point really does do nicely for easy handling.
Good observation.
Also plays a key role in combat, but that's another story.