Neglecting complex aerodynamic effects hinders high-speed yet high-precision multirotor autonomy. In this paper, we present a computationally efficient learning-based model predictive controller that simultaneously optimizes a trajectory that can be tracked within the physical limits (on thrust and orientation) of the multirotor system despite unknown aerodynamic forces and adapts the control input. To do this, we leverage the well-known differential flatness property of multirotors, which allows us to transform their nonlinear dynamics into a linear model. The main limitation of current flatness-based planning and control approaches is that they often neglect dynamic feasibility. This is because these constraints are nonlinear as a result of the mapping between the input, i.e., multirotor thrust, and the flat state. In our approach, we learn a novel representation of the drag forces by learning the mapping from the flat state to the multirotor thrust vector (in a world frame) as a Gaussian Process (GP). Our proposed approach leverages the properties of GPs to develop a convex optimal controller that can be iteratively solved as a second-order cone program (SOCP). In simulation experiments, our proposed approach outperforms related model predictive controllers that do not account for aerodynamic effects on trajectory feasibility, leading to a reduction of up to 55% in absolute tracking error.