..........keep in mind a diesel held the land speed record for how long? Torque rules all.....f1 cars, miatas, s2000's, their biggest benifit besides high reving is power to weight ratios, but youre already working on that.....
Just my 2 cents
But that's not really the case. It really depends on the application. In your example, it's very specific to land speed records. So the car has to overcome a LOT of drag resistance at those velocities. One can do it with a lot of torque - as is the case with the JCB....or with a lot of hp as others have done. Torque and hp are simply two sides to the same thing.
So, to an extent, you are right. If you have two engines making the same hp, the one with more tq will be faster. However, if you have two engines, and one makes more hp than the other, chances are that engine will be quicker. So torque doesn't rule all - the intelligent application of gears to your power band (and thus power) is what rules all. In fact, the S2000 will out accelerate the JCB from a stop. At some point, of course, the JCB will overcome it. But in your example, "fast" means only top speed.
Still not convinced? How about this: the JCB took a mile to hit 350 mph. It had 750 hp and 1100 ft-lb of torque. A funny car dragster has hit 322 mph (granted not 350, but pretty damn close) in like 3.9 seconds. And does it in a quarter of the distance the JCB took. Do you think the funny car has more hp or more tq? ....... If you said tq, you'd be wrong. It's something like 8000 hp (at something like 8200 rpm), with something like 6000 ft-lb of torque. Here, torque is certainly not ruling all....