Quite why one would RTO for a burst tyre at V1 -5kts is beyond me, and a decision to reject at that speed with a limiting V1 is likely to result in a very interesting 30 seconds which will probably end up with a rather muddy aircraft.
The Concorde analogy is not really relevant here. Yes they had a catastrophic failure of a tyre, but the subsequent events still seem to have a question mark hanging over them, and the conspiracy theorists would have you believe if they didn't rotate they'd be into the side of an AF 744 with even more catastrophic results.