If he is passing you on topend with steeper gear ratio then you have some problems to address with your sled, he is running a 1.78 gear ratio and your running a 1.72, so you already have a taller gear ratio for more topend then he does, the differance is his chaincase is more efficent then yours with the bending of the chain, and what I would suspect you have the track rubbing the tunnel protectors at top speed and this is just like riding with your finger on the brake, its scrubbing speed off.
There is no reason why you should get beat on topend, you have 10hp on him, lighter sled, and taller gear ratio, so since we know this isnt the case, you need to sit down and go over the sled, sounds like you have some problems to address to straighten it all out.
1.) track tension is most likely too loose
2.) chaincase set up, chain tension?
3.) is your clutching correct rpm's?
4.) how is the chassis set up, if your rods are on full transfer and your limiters sucked all the way up your not gonna run out good.