Aye I think you just read it wrong sx_turbo.
Racing oil is more like 15w50 , 15w60, 20w50 etc. Less viscosity modifiers (These burn up) in the oil as you don't need the cold start protection, but the quality of base oil even though it may be the same grade is far better. Thats why redline 15w50 will set you back almost £50.
There is a downside to thicker oil, if you have thick oil in a road car and it rarley operates at high temperatures then there will be more friction against engine components. Friction causes heat, heat causes damage.
Having said that, thicker oil can compensate for wear in older engines.