Get close to the panel, center your head position using Ctrl + F4, then sit back normally. You can only go so far back.
I think the problem is that people are so used to having a 180 degree field of view looking forward from Aces High default settings over the years. Those of us who wanted to be closer to the panel on a 2D monitor, and have changed the Field of View to something around 90 or closer are more used to it. Changing the actualy field of view will make everything warped and VR wont feel like youre sitting in a cockpit. Imagine driving your car and your FOV changes, you'd feel like you're the size of a bug and on an acid trip or something.