Horsepower = (Engine Displacement in Liters) * (Volumetric Efficiency) * (Brake Mean Effective Pressure)
Assuming an average volumetric efficiency of 85% (0.85) and a conservative estimate of 100 Brake Mean Effective Pressure (BMEP) for a naturally aspirated engine, we can calculate the horsepower:
Horsepower = (3.2 Liters) * (0.85) * (100)
Horsepower ≈ 272
Therefore, a 3200cc engine with these assumptions would have an approximate horsepower of around 272.
It's worth noting that actual horsepower output can vary based on several factors, including the engine design, camshaft profile, fuel injection system, compression ratio, and other engineering aspects.