Other issues such as maximum tyre speed, rotate and V2 also impose their own limitations on V1 and don't forget that this is just a decision speed, not a maximum speed. So on most take-offs an abandonment would result in you stopping well before the runway end. And if you want to continue the 'infinite runway' argument, you'll find that an aircraft will also have to meet a minimum climb gradient when airborne so before dispatch, the thing has to be able to fly at some time... then the limits above start becoming relevant.
PM