no, E85 has far too much Ethanol for your car to run properly. 85% ethanol to be exact.
For one, it is corrosive to some of the seals in your fuel system. Also, the stochimetric mixture it different. It takes a lot more E85 per unit of air than regular gas, and would require more timing to run properly.
The Tracer/taurus was designed to run on gasoline or E85. You will noticed 'FFV' on the side. This stands for fuel flexible vehicle. Ford designed it puprosely to run on either fuel, with the computer compensating for the differences and optimizing. Also, it has proper seals for either fuel.