Its also refeered to as "racecraft".
Trying to be in the right place at the right time without having drive someone off the road to get there, or block like a mindless nfsu nitro addicted kid.
To be honest, most of the fast guys dont have it.... i've raced a lot of the fast guys in lfs, and i must say that it leaves a lot to be desired. And the medium to fast racers in lfs are the best in that regard.
Maybe its because i've attended quite a few track day's and heard the instructors constantly remind us of proper racecraft...
It also has to do with properly showing your intentions, make the move and stick to it, and when lapping slower traffic, make sure they see you, if they dont give way, start shining the chrome horns.