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Don't most cars today have rev limiters? Certainly the Lexus from the article had one. Not the best for the engine perhaps, but not catastrophic either (I quite regularly hit the limiter in my Acura, though to be fair, it's only engaged momentarily). Even if the result were to throw a rod, it would still be better than winding things up to very high speeds and then losing control and crashing
I think the big thing is how many people would be calm enough to engage the tools (such as turn off the key, put the car in neutral, engage the brake override) even if they were available.
I once nearly drove my truck through a restaurant wall
Sometimes people's brains (at least sometimes my brain) doesn't always arrive at the best choice of action