It's your car. White stripes look good on red.
A buddy has a very dark green 69 fastback with black stripes. Very nice.
Since the whole idea behind "racing" stripes is to make it easier to tell your red car from the other red car on the track, I don't see why not. Of course, you better drive like a gramma or everyone in your town (including the cops) will recognize you the second time you "have a little fun"

But I do think it would look nice.