yes. there a huge myth started by clarkson that anything over a certain horsepower is useless on a front wheel drive motor. if that was the case then the 900bhp front wheel drive cars would be no faster up the strip than the 250bhp front wheel drive cars. but they are. and by some amount.
on a road car its even more important as your not really trying to launch the car from standing start. thus a 350bhp car is going to be quicker say 60 to 100 than a 250bhp car. more important when over taking a spend less time on the wrong side of the road etc.
also i had the wheel size vs acceleration debate. yes 15,s might by ideal for a williams but 18,s can be made to work well. yes i lose some acceleration but i gain grip and again on the road car what i may lose on acceleration i more than gain at the other end buy increased braking performance due to tyres and massive discs.
its all horses for course. with standard powered cars standard tyres standard suspension and brakes are properly the best solution but as the power increases they become a little over whelmed. which is why renault developed the wide bodied wide tracked 330m disc braked 18 inch wheel 270bhp maxi in the first place.
and its stage times where a lot quicker than a standard williams.