My friend's Lancer RallyArt hits 140 stock, has just enough revs to tip 150 if need be. BUT ain't gonna be there for that, not trying to die.
I'd be more concerned with just the car holding up... I mean you guys do realize it's just an economy car with a turbo motor and some go fast bits. I've had rides in 600+ hp Evos (Mitsu lancers with lots more go fast bits than our GTIs) and they feel like they're going to fall apart.