Will pushing all the way on the gas cause any problems?

I have a 2006 ford mustang and when I first got it I would race sometimes and push all the way on the gas. It had a previous owner and the only problem was a oil seal pan leak. It has about 130k miles also. But a couple days later when I got home and turned off my car and turned it back on I heard knocking noises... show more I have a 2006 ford mustang and when I first got it I would race sometimes and push all the way on the gas. It had a previous owner and the only problem was a oil seal pan leak. It has about 130k miles also. But a couple days later when I got home and turned off my car and turned it back on I heard knocking noises and found out it was my timing chain that got fcked up. But I wasnt for sure if it was just going bad or if I caused it. After I bought it from him i checked the engine and it sounded as fine as it is now which is fixed.
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