+1 to both answers.
With a 3.55 rear gear, the S197 will theoretically hit almost 200 mph(and over 200 mph with a 3.31 gear) in 5th gear at redline in a vacuum on a level surface when working thru the numbers for engine rpm, gears, and the tire's actual loaded radius from the road surface to the wheel center.
But since we do not live in a vacuum, then air resistance has to be taken into account. And because the force from air resistance increases with the square of a vehicle's speed, there ain't no way that 300 hp is going to propel a blunt nosed S197 to 190-200 mph . This means that the S197's engine will not reach redline in 5th gear, which in turn means that there's extra rpm available to propel the car at a faster speed, but only if additional power is available.
Enter supercharging, turbocharging, and nitrous, all of which will supply this required additional power, and thus enable the S197 to reach higher rpm's in 5th gear and travel at a faster speeds than it can attain with its 300 hp N/A engine.