Yes, there is a (positive) "correlation" between 40y and 100m times (and 200m and 400m times), but it's less than 100%. That just means that over a large population, people with faster 40y times will tend to have faster times in 100m/200m/400m, but you can't predict their times in those events precisely. (A lot of people seem to use "correlation" and "prediction" interchangeably. Except in the rare case of a 100% correlation, "correlation" does NOT equal "prediction.")
In this whole discussion of 40y times, remember that these are "football forties." The timing is completely different from FAT in track races: In a football 40, the timer (generally a human) starts his watch when the athlete starts to move; in track, the clock starts when the gun goes off. In other words, in the 40 the clock reacts to the athlete; in track, the athlete reacts to the clock. The time swing approaches .4 of a second.
I have no doubt that some track guys--GOAT comes to mind--could run a sub-4.0 (*with football timing*) for 40y. I'd be surprised if Wariner could do it, however. (Not sure he has that kind of acceleration.) As to anybody's running 40y in <4.00sec with *track* timing--there might be a handful of humans who could do that, but I can't think of anyone at present. Maybe Ben Johnson in his prime?
[By the way, timing for football forties is a lot more consistent than one might think. I remember seeing scouts from various NFL teams come to look at the prospects who attended my "football factory" grad school. These were humans--using 100th-second watches!--reacting to the movement of a guy 40y away. Yet for any one guy's run, the times of the scouts were amazingly consistent: often identical to the 100th, and almost always within a few hundredths of each other. This kind of consistency is why football 40's are a valid measurement--valid for comparing football players to each other, but not for comparing football guys to track men!]