I've actually seen that football trick in a Cobalt SS/TC. A guy I run with was having some traction issues and did what you described, helped him out. but that was a low 12 high 11 second car.
1998 Ford Escort ZX2
Full Bolt-On's, SCT VCT Tuned ECU, 3500rpm Edge Racing Stall, 205/60R13 M&H D.O.T Street Slicks