Yes, which is "supposedly" the same formula as the motorsports version but more concentrated, according to Simple Green.
Having used it and always wondered why it 1. never really degreased anything and 2. took a lot of brush/scrubbing I started to wonder just how effect it was at cleaning.
I found a spray bottle with warm water and 5 drops of Dawn work far better than any version of Simple Green that I have used on dirt bikes, atvs, cars, race cars, engines, under the hood, bare transmissions etc.
IMO, it is extremely mild and successful due to a huge marketing machine behind it. Just like Armor All, 100's of better products out there but somehow they are still in business.