I was amused to notice that the formula yields a maximum velocity of C even when either V or W exceeds C (which, as we have learned, is an impossibility).
Example: if (impossibly) an object traveling at twice the speed of light, i.e. velocity 2C, would meet a light beam traveling straight towards it, the speed at with the light would hit that impossible object, remains C. The calculation is: (2C+C) / (1 + 2CxC/C^2) = 3C/3 = C.