Yes,
Fire that idiot of a TRE.
The only thing you can do is to immediately start your circuit, keep the flaps, DO NOT TOUCH the engine that is on fire. PM tries to start failed engine if it is just a seizure.
Forget the checklists And QRH items. Fly the aircraft.
Very unrealistic scenario. Why not add some windshear and airspeed unreliable 🙄