I think Duffman hit this one on the head. I you wanted to be in F1/cart/WRC you should have been winning shifterkart championships when you were 10 and then moved into the Toyota Altantic or Skip Barber series. To just be getting into racing once you aree 16-18+ is way late to attain the upper level (F1/Cart etc) but it never hurts to dream and strive for the best and see what happens. There are a lot of schools though (skip barber/ derek daly / Bondurant / couple rally schools I don't remember the name of ) all of which are expewnsive but very worthwhile.
And to the person who asked about the Elkhart Lake track, my good friend used to live 10 mins from that track and he absolutely loves it, says it is one of his favs in the world.
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