Don't do it. It will ruin the fuel system and you will get little if any performance advantage in a normally aspirated engine. If you were running a turbo, then yes you could get a significant advantage. There is a euro version Saab turbo (can't remember the model) that runs on any fuel that will make much more horsepower with alcohol compared to gas.
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Current car
2000 Boxster 2.7l red/black
Previous cars
1973 Opel Manta
1969(?) Fiat 850 Convertible
1979 Lancia Beta Coupe
1981 Alfa Romeo GTV 6
1985 Alfa Romeo Graduate
1985 Porsche 944
1989 Porsche 944
1981 Triumph TR7
1989 (?) Alfa Romeo Milano
1993 Saab 9000
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