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A very large engine pushing a very heavy load through limited gear (torque multiplication) compared to light load, small engine, many many gears.
BUT the biggest is your comparing an engine that was designed for high octane gasoline.
If a modern engine they are close to this if not at 11:1.
A similar question comes up why a bike 2-cycle can spin so much faster than a merc 2.5 and produce more HP for weight. Smaller engine with gears VS large engine with no gears at all. These engines also are limited by octane.
With high comp heads my 200lb engine dynoed at 340 hp.
Pump gas heads guessed at 280-290. ( on a 1250 lb boat beats my Vette for power to weight )
IMHO, current generation vettes with 10.5 and up compression can use 93 octane because of careful fuel and timing management. Current combustion chamber designs and flat top pistons work to prevent detonation. It will be tough to do with pop-up domes and old head technology without giving up too much performance.