Doesn't matter what type of drywall it is, all of it is fire resistant not fire proof. Homes burn down every that use drywall.
I believe a person should be more worried about the fire load of the room rather than what the room is constructed with. The fire load is the contents of the room. While you might think that what you have in the garage would create a huge fire, the new plastics, glues and resins used in furniture making make big hot fires very fast.
As the population of the US gets older, you will find more and more people still living at home. There's a ton of the older population (not necessarily old people) that have O2 tanks at home. Let an O2 tank vent during a house fire and see the fire spread even more. I'd venture to say (again, my estimate) that the number of homes across the US that have O2 tanks in them are ten fold the number of garage/shops that have O2 tanks in them for cutting torches.
It doesn't matter what you do, if fire wants you, it's going to get you.