Lifting bodies are all about aero inefficiency. How to disipate the heat of re-entry without melting the craft away.
F1 cars are focused on speed and lift (inverse lift...) with minimum drag and power consumption. Not the same beast at all.
http://images.google.ca/imgres?imgurl=h ... G%26um%3D1
Long thread but it gets you to "Skunk Works" by Ben Rich. Good explanation of what it takes to make a flat surface aircraft fly and why you would even consider doing it.