Nongrip tires help as well.
I don't know about 'best', but I was doing endless donuts in my super-bee charger online. You want something known for fast instant power. Muscle cars. Or some zero-to-sixty-in-.0005 of a second car.
I find that I can do awesome burnouts with my Mustang '70 Transcammer. It can do standing starts and can also leave tyre marks (continuous ones!) on the tarmac. With RACING SOFTS!
I use @shmogt 's drag tune for it (here), with slight changes to the brake balance (10, 0 I think...).
To do one, just rev to redline, drop the clutch/handbrake and get immediately back on the normal brakes once the wheels start spinning. I can post a video later if you want!