You answered your own question.
Even without exotic engineering highly-boosted turbocharged 2.0L street-car I4s can put out upwards of 500 horsepower at 7-8000 RPM. Formula One builders take things to the next level by building more advanced rotating parts and using pneumatic valve springs to allow the engine to spin all the way up to 15,000RPM with an almost linear increase in horsepower as they travel up the powerband.