Except in airplanes, power to move is not being transferred through the wheels. They are their just to support the plane's weight till the wings take over. And another thing, all those cars that are built by amateurs to go faster than this ... are not built to run on roads for 10+ years.
To quote from the Top Gear show which quoted the engineer who designed the transmission :
"Yes, F1 cars do something similar, but the transmission in them need only last a few races, this has to transfer 1000 hp to the wheels at 400+ km/h and last atleast 10 years"
Apply that to all the various components in the car.