Decided to try another test. The settings this time: ND Filter was in use, focus was set to AFL, images taken at a 3sec interval, and meter filter factor was set to low.
With this meter filter factor setting I noticed more flicker in the daylight shots, but not the wild changes when the light conditions changed.
The ending was rather dark, but with max iso set to 1600 and min Tv at 1/60 I am assuming it was under exposed. A min Tv of 1/30 or 1/20 might have helped without making light trails on the cars.
The time interval also doesn't seem consistent as can be seen with the speeding up or slowing down of action in the video.
http://youtu.be/e8Nau75tdP8