I'm working on building a racing go-kart for a competition and am designing a cooling solution. Currently I am planning to have a pump push Dry-Ice cooled 99% isopropyl alcohol for coolant. I am now considering how to most effectively transfer heat out of my DC motor: E30-400. Some of my current thoughts include submerging the entire motor in 99% Isopropyl alcohol as it should act as an insulator and penetrate the casing. Another idea is to pump the fluid through a copper coil surrounding the motor. With the second idea I feel its perfectly safe to use dielectric grease on the coils to transfer heat to the case, but the case is still air-gapped from the windings. Because of this I was also considering adding dielectric grease to the windings directly to bridge the case and the windings. This would bridge the coils to the case and the case to the windings.
Image of copper coil design:
Any suggestions or experience is much appreciated, thanks.
Image of copper coil design:

Any suggestions or experience is much appreciated, thanks.