I wonder if that becomes more realistic once Vampires are all over the classic scene.
As for now, since Aegis got Wings to work on WinUAE AOS4.1FE I guess there is a fair chance this game works too...?
Sadly not - I tried it

Fragmentation is a big problem for OS4 since it runs on low-memory, non-hardware accelerated platforms such as Blizzard/Cyberstorm PPC/WinUAE and also on overpowered beasts with tons of RAM + hardware compositing like the X1000. Trying to write a game that works well for both extremes is difficult to impossible.
It's funny, 'cause there's stuff I thought I'd never get running on WinUAE that works surprisingly well (Freespace, Blender) and other things that you'd think emulation would handle easily (BubbleShooterDX) that fail completely - Amiga Racer's the latter I'm afraid

The good thing about emulation though is that the software (and the hardware it runs on) is always evolving - PPC emulation will get faster, WinUAE will continue to evolve (I'm hoping Toni tackles Voodoo 3 emulation soon) and the underlying hardware gets faster and more efficient so what doesn't work today will hopefully become a possibility in the future.