Sure, we all drive a 305-horsepower V-6 Mustang this way to achieved 48.5 miles per gallon !!!

“To reduce load, tires have to be inflated to the maximum to reduce rolling resistance, and turns have to be taken wide to avoid scrubbing. To avoid throttle movement, the driver has to lock his foot in position and avoid stopping or slowing as much as possible.”
http://wheels.blogs.nytimes.com/2010/06/29/performance-at-the-pump-goes-extreme/