ylk1
For reference: Nissan e-power with recuperation ~50%: https://www.nissan-global.com/EN/INNOVATION/TECHNOLOGY/ARCHI...
Mahle ~45% with pre-chamber: https://www.mobilityengineeringtech.com/component/content/ar...
Toyota dynamic force engines ~40% : https://www.thedrive.com/tech/18919/toyota-develops-worlds-m...
Toyota's newest engines claim even more: https://global.toyota/en/newsroom/corporate/40850156.html
Honda hybrid ~40%: https://hondanews.com/en-US/honda-automobiles/releases/relea...
Startup Carnot engines claim 70% efficiency: https://carnotengines.com/technology/
Honda did too but they never marketed the explicit number.
You can get more power out of NA with better materials you've stated but not efficiency.
F1 wanted more road relevancy and hence ended up with turbo-charging and Fuel limits
I think, Maserati MC20 has this tech.