WyleECoyoteNZ: I'm probably going to cop some flak for this, but here goes.

The first 2 posts are suggesting that the driver is either young and inexperienced.

As the stuff story doesn't give the ages of the drivers. It is entirely conceivable that the driver was an older driver. This could well be a case of money doesn't buy talent.

I've always liked the idea of a power restriction for new drivers on a Learners or Restricted license, how this would be enforced is the difficultly. Hell, a 2006 Honda civic 1.8 only has 103kW, but still can get you into some high speeds once the VTEC kicks in.

And as for the compulsory insurance? That would stop young people owning high performance vehicles, yes, but it wouldn't stop those with more money than talent wrapping themselves around a tree or slamming into someone else.