Yes there are speed limit laws but it seem that is not enough using the accident record. I propose there should be a law on the usage of fast cars, the only requirement to own one is your drivers license and your money. There should be a special license for the use of fast cars where users will go through a school in the handling of fast cars and overall usage. The government should not show a blind eyes to all this incidents.
It is better they don’t even produce fast cars that are above speed limit needed for a normal person to use when driving. For every car, there is always a speed limit the person driving the car should be on, they should just limit the rate of the speed limit in the car to what is needed and safer, putting the car to be able to speed more and putting lives at risk is not what they should be doing. I don’t know why a speed limit of a car should be up to 180Km/hr when if the driver drives at that speed, his life will be at risk and more prone to accidents if not careful. Putting this people into driving schools and educating them about speed limits won’t stop the issue we are complaining about now if the car producers do not limit the rate of speed in cars they produce.