Or you could get a stupid answer like sals.
I wouldn't worry about the car. The engine and the trans should be able to take it. I would think there is a rev limiter of some kind that cuts in before you could ham fist  it to bad. With less than 600 miles on it, I don't think its real good for it's longevity to be running it to hard however. Then there is always the warranty........
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frittering and wasting the hours in an off hand way....
1969 GTO, 455ci, 230/236 Pontiac Dude's "Butcher Special" Comp hyd roller cam with Crower HIPPO solid roller lifters, Q-jet, Edelbrock P4B-QJ, Doug's headers, ported 6X-8 (97cc) heads, TKO600, 3.73 geared Eaton Tru-Trac 8.5", hydroboost, rear disc brakes......and my greatest mechanical feat....a new heater core. 
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