There are two other settings you will need to address to have balanced AI - qualratio and raceratio.
Have you noticed at some tracks you are much faster than the AI during practice but they leave you in the dust in a race, or vice versa? That is the imbalance in the track settings. There is a priority to how the game computes AI performance, and the settings must be made in that order.
So, first, always set the in-game AI strength to 100 before doing anything else, that way you are making all track adjustments to a common baseline.
Now set mid-adjust (or worst or best, whichever you use, but be consistent with this), qual ratio and race ratio to 1.00. This makes the AI perform to the actual values set in the AIW file, only modified by the settings in the talent files.
Go to a practice session, run enough laps to get a decent setup and note your lap times. Now watch the AI lap times and tweak mid-adjust so their times are what you want.
Repeat this with a qualifying session, adjusting qual ratio so the AI qualifying times are what you want.
Now start a race session, you do not have to compete, and you may accelerate time; let the AI run long enough for their lap times to stabilize and note their times. Adjust race ratio to get those lap times where you want.
Do this for each track. Now the AI are balanced for all those tracks across practice, qualifying, and race sessions ...for that series. You will find different series will require different settings for best performance, what works well for a GT race will not be optimum for an F1 race (I keep a txt file in each track folder with these settings noted for various series, a simple copy/paste before a race weekend is all that's needed). You can now adjust the in-game AI strength and all tracks, all sessions will track that value.
When you start a race the game loads the series and the track, it multiplies the in-game AI strength by the mid-adjust, that is the base AI strength and is used for practice sessions. When you go to the qualifying session that value is multiplied by the qual ratio and sets the AI qualifying times. When the race starts, the practice value (AI strength x mid-adjust) is multiplied by the race ratio to set the AI race times. All of these are further modified by the settings in the talent files.
You may fine tune qual ratio or race ratio without affecting anything else; but if you change mid-adjust you should reset the two ratio values.
This is tedious, especially if you have hundreds of tracks, but it makes a world of difference in the races.