yes - but with your car it will break like a twig, a proper launch technique is to maintain the highest possible drive torque with the minimum of wheel slip (spin) - your aim is to get the highest rate of acceleration.
This highly depends on the contact patch of the tires and the material of the tires too, then comes in the engine torque loading the chassis shell, the movement of the car is the reaction of the engine torque against the shell.
So how would you like to have fun in this situation.