There's a whole raft of influences that altitude may have that aren't immediately apparent. To say it has 'absolutely no impact' is simply wrong.
The impact air density on aerodynamic drag is huge even in human athletic events - on the order of 1% or more [1]. The impact increases quadratically with speed so it should be 3-5 times more significant in the final stretch of a 0-60 than at the 25mph speed of a sprinter.
[1] http://www.ingentaconnect.com/content/nrc/cjp/2003/00000081/...
The person I was responding to said "absolutely no impact", which is absolutely incorrect. I don't have a great intuition of how significant these factors are on the model, but I would not dismiss the terms without careful consideration when we're measuring results in fractions of a second.