About 40 years ago, my first car was a 67 Impala with a powerglide. It went from first to reverse at wide open throttle once at about 50mph. It was a column shift and I was 16, what can I say. It boiled the tires in reverse until I let off. No harm done and it lasted another 100k miles. I would be surprised if a modern car would let you do it, but if it did, I could see it destroying a rear end.
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