Racing oils lack the Detergents that keep your engine clean. Lack of Detergents is fine for an F1 racer for two reasons: (1) Prevents detergent detonation from the high racing temps and (2) Racer engines get torn apart after every race & thoroughly cleaned by mechanics.
SOURCE: Red Line Racing Oils
However, lack of detergents for a passenger/street vehicle would result in sludge build-up & premature engine failure. Bad news. You are better off using an oil designed >for< street vehicles like Honda's or Amsoil's or Mobil's 0W/5W-20 products.