That is an interesting video... from what I can see and understand. The car went into ice mode and they were trying to shut it off and turn it back on on the back straight to get rid of the ABS light. I'm not sure if that helps with the issue (doubt it), but they seem to be as clueless as we are to the cause.
My theory on ice mode:
Brakes overheat and become useless. Even though the car senses the driver is on the brakes 100%, it fails to slow down triggering ABS. That's what causes the "sliding on pebbles" feel.
That's why when you switch the pads to something that doesn't overheat then that more or less fixes the issue.
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