Either an ignition failure or plugged fuel filter. Smoke inside the car means something electrical failed, or the exhaust overheated -- in which case you have a plugged catalytic converter now.
Driving that fast isn't particularly bright unless you are in Germany and have the appropriate license.
Peter
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1972 220D ?? miles
1988 300E 200,012
1987 300D Turbo killed 9/25/07, 275,000 miles
1985 Volvo 740 GLE Turobodiesel 218,000
1972 280 SE 4.5 165, 000 - It runs!
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