It is important to analyze your mistakes. That is how you, a) name the mistake, and b) find a solution.
That turn is actually a lot faster than you would think. All you really need is a little brake just to settle the car, then back into throttle. There is a good deal more exit room than you would think because it is somewhat blind. I would say that he was right on the edge of traction, then back off the throttle a hair.
Someone spins there at every track day that I have been to. The one thing I don't see, though is an instructor. I'm not sure if this guy is ready yet to go solo.
VIR is an awesome track. Lots of elevation change, two long straights, big turns, small turns. The portion of track that this fellow started his vid from is known as the climbing esses. Takes lots of rythem and balls of steel to drive near wide open throttle.
VIR should be in S3!