On the design side . . . no. for a the design side, you need the motor to give you enough power to fly in a controlled manner and enough motor weight to reasonably balance the plane. after that, the "design" is sound.
On the race side, however, the motor is critical . . . and is still being hashed out. Current proposed rules under discussion include a 4s voltage cap with a Ah or Wh (V x mAh) cap, particularly on the endurance race -- if you've got an opinion, now is the time to voice it over on the other thread.
Max motor spec is really hard to limit sensibly (becomes a measurement headache), but limiting the fuel tank "pressure" will limit the airframe to modestly energetic flights, and limiting "capacity" will encourage keeping the motor sizes down, since your tank wouldn't be able to sustain a energy guzzling motor.