You can fit up to roughly a 1" track under it with 10" front drivers, but there will be no space. We run with 10" front drivers on the grass with a .5" speed track and studs that are .75" above the lug yet.
You might at most be able to get 1.125-1.25" total height in but if you run studs I guarantee it will slap the cooler on deceleration when you touch the brakes, been there, never put a hole in one yet, but have rubbed the fins completely off!