simple fact:
your HP is unimportant to determine the highest possible ratio
minimum ratio is "infinite" you can gear a million to one if you like it'll work as long as you can get big enough gears (wormgears are likely more convenient for that matter)
but that's not what you asked for, right?
you mean HIGHEST ratio (lowest number)
and that for a powerfull engine a matter of take off speed more than actually engine power (which in this case means torque not HP)
Anyways.. with a cent clutch, 3:1 is out of reach, no matter what industrial engine you throw at it (no matter if 6 or 20 horses)
simple reason being: with a cent clutch the engagement speed is likely in the realms of 2k rpms.. which would convert to likely something like 18mph..
you will ruin every cent clutchwith a takeoff speed like that
you cannot get to 18mph from zero in an instant, thus the clutch must slip while your accelerating to that speed.. and this emans you'll burn the clutch anyways (even IF the engine can get you to that speed with a slipping clutch)
So NO! 3:1 is not going to happen
You could try the 3d motorsport manual clutch, which MIGHT survive (I can't tell but you could engage it at idle speed even which is ~1200rpm and converts to much lower speeds of course...)
then again, at idle the engine has a much lower torque than at 2k... IDK.. give it a try if you like
BUT generally if you want speed, scrap the industrial engine altogether and get a motorbike engine instead.
'sid