That’s because torque doesn’t really matter.
I’ll take a semi long pause for the requisite flaming, bitching, moaning, whining, gnashing of teeth and all that.
Done correctly the engine with more HORSEPOWER wins every time.
Of course there are geometric and financial considerations and limits.
That’s why if you have a 300 inch engine trying to run the same as a 500 inch engine that is at the limits of rpm you can’t win.