Can a vehicle have too much horsepower?

Does anybody every consider keeping your foot a little lighter on the accelerator , just because you can melt the tires or go 150 mph ,don't mean that you have to, it just means you have the capability , I had a Kawasaki Mach III bike in the 70s, came from factory , at 111 mph in the 1/4, we built it to 125 mph in the 1/4, and that was never getting out of 3rd gear, i had 4th and 5th gear left,never had the courage to push it to the top in 5th gear, it being a street bike, i rode it at speed with the flow of traffic, i didn't drive between cars on 4 lane and i passed them at a normal rate, didn't have to prove i could blow the doors off as i went by. I learned early on from a friend that had a 69 chevelle 454 , that head on at 135 mph into a tractor trailor that the need for speed would put you in an early grave, the wrecker we called wouldn't needed, you could pickup all the pieces of the car by hand, and speaking of hands, the biggest part of him we found was a a hand still on the arm, the rest of him was shoveled into a body bag.