He also said he could even be good enough to play for Jamaica.
Bolt, eight-time Olympic gold medalist, is currently recovering from a hamstring injury.
He accepted there might be some skepticism, but said it had always been his boyhood dream.
He told reporters at the U.S Formula One Grand Prix, “For me it’s a personal goal. I don’t care what people really think about it. I‘m not going to lie to myself.
“I‘m not going to be stupid. I‘m not trying to embarrass myself.
“But if I go out there and feel I can do this then I will give it a try. It’s a dream and another chapter of my life.
“If you have a dream that you always wanted to do, why not try and see where it will go.
“It’s just my hamstring keeping me back right now. In two weeks I can start training again and get back into some shape.
“Then I can really explore the situation.
“They say the invitation is always open, so it’s all about me getting over my injury and then getting into shape.
“Then I can do the trials and see what level I‘m at.”
A keen Manchester United fan, Bolt doubted manager Jose Mourinho would be on the phone any time soon, but said he had spoken to the club’s former manager, Alex Ferguson about his dream.
“He said ‘Alright, get into shape and I’ll see where that goes’,” said the sprinter.
Jamaica, who failed to qualify for next year’s World Cup finals, are currently 59th in the world rankings, leaving Bolt to also muse, “I think I can make the Jamaica team easily. I wouldn’t say they are that good at this point.”