Howdy...
Yes, it is torque limited only because of the weakest link in the CVT...and that is the drive belt. How much torque can you place on a flexible band of plastic and metal verses the output torque of a V8 motor?
But then again....how much torque does an F1 or F3 race car place on that system???
The DAF F1 racing program was very successful with only minor CVT problems reported with the transmission.

It's only a matter of time before the V8 will have a CVT. Or maybe there will be no more V8 motors offered due to the gas situation
John