The power is in the heads. A motor is essentially an air pump.
Getting the air to flow more efficiently is the secret to horsepower.
A turbo increases the pressure differential so you move more air.
Normally aspirated motors are limited to around 14.7 psi of pressure
to force air into their cylinders. The turbo overcomes that limitation.
Even with a turbo, air flow is still the issue. Porting the heads
has a dramatic impact on performance. My motor has stock iron heads
ported by Champion with larger intake and exhaust valves added.