The pilot stated that he was high and fast on the approach to his destination airport. He landed the airplane approximately half way down the runway, and realized that he would not be able to bring the airplane to a full stop. He veered the airplane to left, departed the runway, traveled down an embankment and impacted a road. The airplane sustained substantial damage to both wings and the fuselage. The pilot did not report any mechanical anomalies that would have precluded normal operation prior to the accident.