When I was in High School several of my friends had hot cars, And as far as I know we all survived. We were pretty good kids (no drugs) but we did like fast cars and um Girls and Rock.
I agree you can get into a bit of trouble with a lot of HP, But it's easy to do with low HP too, Or none at all. I think one key is staying sober.
Young boys have a lot of energy and it needs to be focused on something positive and cars worked well for my friends and I.
We were always working on a motor or something.
I had a V8 Ford PU truck in HS that wasn't really fast but I had it fixed up pretty nice and I burned up a lot of that energy working on it. I think you could eat off the under side I kept it so clean.