With some severe mods to the motor, yes. But dont expect it to last very long. Professional drag racers will do 1 event on an ethanol engine and after that its lot, its dead and ready for a rebuild. Also the top fuel dragsters, at the end of the 1/4 mile, are running purely on engine heat alone, a little bit like a diesel. The burn in the engine is so intense, they melt their spark plugs.
s Stevie says, I wouldn'r recommend it. :wink: