I don't think so.
I like when Gran Turismo has races between many cars of a similar era, rather than hand-picking a few cars of separate eras.
If there was a McLaren Formula One car series, the results would always have the opponents winning, because, if the car performance reflected reality, the most recent F1 cars would be the fastest, by a significant margin.
I imagine the licencing fees involved with Formula One cars would be fairly significant as well, which I would not support as that money could be used to improve other aspects of the game.