http://www.wsid.com.au/event.asp?Id=1277
you dont need an andra licence unless you are going to be faster than 11.99 and if you are faster than that you have to have a cage etc also or they kick you out.
just go and run the car yourself.
i am not saying E85 is a bad fuel but in Canberra you cant get it at the petrol station and you cant get it in Goulburn, there is not enough demand for it to be put in considering the relatively small spread out population when you look at Melbourne with 2 stations covering the whole place.
E85 does have negatives too, it uses 30% more for the same power figure (which brings it inline with 98 prices), requires a much larger fuel system to support it, it cant be left for too long as it absorbs water (granted petrol also goes off if left too long), have to keep an eye on your oil as it can contaminate it if the engine isn't running long enough to get the oil up to temp.
WMI with a sufficiently sized tank (like my 9.5L tank) can go for months without checking (street driving though 9.5L is still a lot for track driving) even the smaller tanks last a fairly long time unless you have your foot in it everywhere you drive. WMI also cools the intake charge like E85 does and when setup correctly you can even go so far as to run 91ron petrol and still make good power. (in some cases remove the intercooler completely as well)
mines snow performance. its got a MAP sensor in the control box under the bonnet, when it hits XX psi it starts injecting and by XX its on full so it ramps up the pump based on boost so you arent injecting silly amounts all the time.
pics of large tank.
i dont think i have any of the smaller tank installed. but i just unbolt the large one and stick the small one on the side piece of MDF.
you can also get rather large WMI tanks (mine is 9.5L) it is mostly water at the moment and was last filled late last year. i also have a smaller 2L tank that i can fit to run the crazy water meth mix with nitromethane