Yes, an oval would be the most simple to apply this idea to, however the closer the car is to the side wall the more the drag.
If you are suggesting that the drivers change the line to run around the outside of the corner i cant see there being enough volume flow rate to achieve any meaningfull sideways thrust (not to mention a much longer racing line)- Unless you stick a hovercraft type of thing (with skirt) on the side of the car! lol!