Hey, my 13 second sled makes over 450 hp and 550 ft-lbs of torque!!! Haha, at least that's with the wheels spinning. You definitely have to be planted to get good numbers, the wheelspin makes DS think your car's rocketing away.
As for the weird numbers at the top of 3rd, I may have SOMEWHAT of an explaination. If you ran a high-11, you were probably doing 110-115mph at that point, right? At that speed wind resistance is huge, especially on these bricks. DS takes the weight of the car and the instant acceleration and gets horsepower from that. It doesn't account for wind resistance. So at a steady speed DS will read 0 hp, and we know that's wrong since power is needed to overcome air resistance. At 5200 rpm in 3rd gear the car is spending a lot of HP overcoming wind resistance, and 'only' has 166 "left" for accelerating the car.