Power is the answer Tom W
Torque is not the driving factor as it needs to be provided at a given road speed which if you work back through the gearing will give you a crankshaft speed. Crank torque time rotational velocity equals power.
Talking in power units removes any confusion of gearing in the drivetrain.
A lower power engine will use less fuel but will be slower... IF the track is open enough that a high percentage of time is spent at max power and the lower weight does not provide sufficient gains in braking and cornering