Wow...just, wow.
Almost nothing about that statement is even close to being true.
For one, the fastest cars in the world use jet power, not piston engines. The Thrust SSC breaks the sound barrier, while the fastest piston engine cars can't even get to half that speed.
But, I suppose you're talking about the NHRA, top fuel rails in particular. In that case, there are certainly dynos that can handle the 8,000 HP the motors produce, its the motors themselves that can't handle the dyno. A typical top fuel motor is made to last about 7-seconds at full throttle before they have to be rebuilt, which is just not long enough to get an accurate reading on a dyno. You could get a number, but as anyone will tell you (even drag racers) it didn't happen unless you can back it up.
Oh, and by the way, those two large red things hanging off the right front of the engine are magnetos, not distributors. Kinda hard to run a coil and distributor when there is no battery.
At least you got the blower part correct.
To quote MSD, famous for high-quality ignitions in use in race cars the world over,
"CAPACITIVE DISCHARGE
The MSD 6 Series Ignitions feature a capacitive discharge ignition design. The majority of stock ignition systems are inductive ignitions. In an inductive ignition, the coil must store and step up the voltage to maximum strength in between each firing. At higher rpm, since there is less time to charge the coil to full capacity, the voltage falls short of reaching maximum energy which results in a loss of power or top end miss.
The MSD Ignition features a capacitor which is quickly charged (within one millisecond) with 460 - 480 volts and stores it until the ignition is triggered. With the CD design, the voltage sent to the coil is always at full power even at high rpm."
So, yes, captive discharge systems do work, but a set of "captive discharge sparkplugs" won't give the same results as a true CD ignition.