Not if your drag racing.
I assumed people were talking about street/highway.
< 20yo?
While I don't see the relevance, no. I've always loved VWs, had 3 of them and never had any major problems.
I didn't buy it because I look for speed, (although I bust decent ponies to the wheels when some daddy's boy is showing off) I bought it because I've always loved these cars. I could have bought a 5th gen jetta but I don't like the design as much as the 4th gen.
In any case, when racing under any conditions, unless one car has way more power, it's the driver that makes the difference.
Hurr durr