My strange question would be: what would somebody with a vo2 max of 65 run their first mile in?
I remember reading an article in Runner's World talking about Frank Shorter's vo2 not being as high as you would expect from his marathon times, but attributed his times to a very high efficiency.  Follows is a list of some famous runners with their vo2:
Joan Benoit   Marathon runner (2:24:52)   78.6
Bill Rodgers   Marathon runner (2:09:27)   78.5
Sebastian Coe   Middle distance (1 mile WR)   77.0
Grete Waitz   Marathon runner (WR 1980)   73.0
Frank Shorter   Marathon runner   71.0
Derek Clayton   Marathon runner (WR 1969)   69.7
I guess vo2 is only one of the factors in predicting race times.