First off, race car drivers don't take turns the way they do because it's a shorter distance, they take turns in a manner which allows them to keep up their speed as much as possible, which means approaching the turn as straight as possible. If they were concerned about the shortest possible route around the track, they would hug the inside of the track all the way around.
Second, you might be able to save a few inches of travel on one particular turn, but you'd likely end up having to make additional course corrections to get into position for the next curve, thereby eliminating the fuel savings. Even if you did have perfect conditions and a perfect road, you'd likely save yourself only a few feet worth of distance.
And even assuming you are wildly successful and save 500 feet of distance on a 500 mile journey, you're talking about .018% savings. In a car that gets 30 MPG, that's .003 gallons of gas, or roughly 3/4 of one cent worth of savings. If you drive your car 200,000 miles, you would save $3 in gas over the life of your car.