You need bigger jets that flow twice as much as well as metering rod modifications. Gokarts have alcohol carbs so one of them might work.So you could convert a China Girl to run on Alcohol? How would that happen?
You'd still need to add oil the fuel or even more- alcohol seems rather "thin"..
I do have to tell you, though, the alcohol will start to attack the aluminum the moment you switch over. I was on a USAC Midget crew for a summer. One of the maintenance chores was to use a pair of pliers and squeeze the fittings in the fuel system looking for parts that would crush. The methanol would eat up the aluminum and leave a crumbly powder-like substance. The parts box was full of new fittings whenever we went on a trip to race. A part would look fine...until it fails We gradually switched over to steel fitting where ever we could. The cost saving was worth the slight weight penalty.