If you take a current Formula One engine, and attempt to incorporate the Atkinson cycle into it, what happens is that the intake valve would not close until well past top dead center. Thus, some of the intake charge is blown back out the intake port. Now can someone please tell me how you can expect to extract serious power from such an engine? Remember that all the other competitors do not run with this method, and enjoy substantial levels of power over an Atkinson cycle engine.
I haven't discussed the burn times, that this is the limit of how much RPM the engine would be capable of. Heck, if you incorporated a diesel with the Atkinson cycle, I don't expect the engine to be capable of exceeding 4,000 RPM.
An alternative is to design the engine around the Atkinson cycle. Just take this, and redesign it so it can handle 19k RPM. Good luck, you'll need it.

Remember this....The Atkinson cycle is designed to provide efficiency at the expense of power