http://www.epa.gov/mtbe/gas.htm
First the good news....yes it is reasonable and beneficial to put Oxygen into gasoline. It increases combustion efficiency, reduces emissions and is readily available.
Now the bad news.... it is really nasty s****t. Problem is it is water soluable being methanol based and has some rather socially unacceptable side effects. Something about cancer and poisonous effects. Bottom line, GONE...and not likely to be seen again.
In the case of the current regs for F1 fuels, with the drive for a green organic component in the fuel, it opens up the chemical options to blend some really exotic fuels that are very specific to F1. A poorly thought out regulation in my opinion.
Personal motto... "Were it not for the bad.... I would have no luck at all."