consider the Concorde crash. ATC told the pilots that fire was visible while the aircraft was still on the ground, though beyond V1. The pilots did what they thought was right in continuing the take-off. But with 20:20 hindsight that accident may have been survivable if they had attempted to stop
Concorde pilot John Hutchinson tells the story that an Air France 747 carrying President Chirac was holding off the side of the runway, the 747 Captain told the story that the Concorde sailed over the top of them with an estimated twenty feet of clearance, had they attempted to stop perhaps we would have seen a Tenerife rerun. The above photo was taken from the 747.