2011 P2 and GTE will have similar power levels.
The ACO don't want GTE cars passing P2's on the straights but this is only really an issue at Le Mans so there's no need to make wholesale changes to the GTE regulations.
GT2 cars orignally had 430bhp-450bhp but many of the cars coming into the class these days have 500bhp+ in road going form. It's not particulary great marketing for a manufactuer if their race car has 100bhp less than the road car so a limiter of some sort ticks all the boxes.
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