I've been wondering why teams haven't done something like this before. However, here it seems is the answer:
Any vertical cross section of bodywork normal to the car centre line situated in the volumes defined below must form one tangent continuous curve on its external surface. This tangent continuous curve may not contain any radius less than 75mm:
a) The volume between 50mm forward of the rear wheel centre line and 300mm rearward of the rear face of the cockpit entry template, which is more than 25mm from the car centre line and more than 100mm above the reference plane.
b) The volume between 300mm rearward of the rear face of the cockpit entry template and the rear face of the cockpit entry template, which is more than 125mm from the car centre line and more than 100mm above the reference plane.
Since I think a fully enclosed tunnel's sides count as external surfaces, a tunnel like this is limited to 50mm in height - surely too small to be effective as Red Bull found with their V1 and V2 tunnels.
It could be done, sure, but it would not be effective in my opinion.
The shape will revert to something far more like the Red Bull or Ferrari I think. It is more likely to be the Red Bull because of the Ferrari's odd radiator layout etc. which has all been done with their exhaust in mind.
"A wise man speaks because he has something to say; a fool speaks because he has to say something."