Anything is possible with enough $$$. But as Scotty said, this engine isn't going to make it easy for you. E85 is 85% ethanol fuel. Ethanol has a considerably higher octane rating than petrol, so it has a higher resistance to detonation, meaning you can run higher cylinder pressures before it self ignites.
Otherwise, the VQ25DD will need a tear down and rebuild for lower compression. A VQ25DET engine would be ideal, but as mentioned, they are not commonly available.
If you were after more performance, as 350GT would have been a better option, there are aftermarket supercharger/turbocharger kits available.