Utter bull. This indicates that the appearance of the lines from the perspective of sitting in a car plus motion of the car creates an optical illusion of shortness. This common experience also trumps the "standing still" perception -- an interesting insight into how people process information. It has NOTHING to do with driving too fast!
I am for some reason reminded of an old Pilot’s joke:
An airliner landing at an airport... When the pilot realizes that he’s running out of runway. “Wow...” he says as he’s virtually standing on the brakes “Can you believe how short this runway is? I’ve never seen a runway this short...” as the plane finally stops, and the co-pilot looks around and says “yeah, but look how WIDE it is...”