1. Envelope Distort>Make with Mesh
2. Apply perspective to mesh using Free Transform tool (mouse down on upper right hand corner, start dragging downward and rightward as if to scale, then hold down Ctrl key [Mac Cmd] to do a perspective scale. Repeat with lower corner but don't drag upward as far as you did with the top corner, since the road flattens more at the top.
At this stage, the object looks like this:
3. Apply Warp>Arc live effect with bend of 16% and Horizontal distortion of -10%. This puts the curve in the road.
4. Apply 3D Rotate with angles of 13° -5° 30° and perspective of 120%. This flattens the top of the text backwards and rotates it at an angle.
The mesh grid can still be manipulated after the Arc and Rotate effects are applied. And of course the text can still be edited.
[Now Wade is really going to want to "do something about" me. :) ]