Many articles have already been written to explain what E85 fuel is and how it benefits the performance oriented car enthusiast. Instead of re-writing the same information, we've provided the top links that we feel best explain E85 in a nutshell.
It is important to note that we see a great deal of misinformed people quoting facts about ethanol that are false, or are exaggerated to express their hasty conclusions on the subject. E85 is only in the early stages of development for the masses, and many more important improvements are underway to make it even more appealing.
National Ethanol Vehicle Coalition (E85 101 article)