This Stribeck curve info ties into the chart in
post 498. The reason the friction in an engine making big HP (which means high loads on moving parts like the dyno engine they used for the data in post 498) can make more HP with thicker viscosity is because the level of friction decreases more in the boundary and mixed lubrication realms (due to more film thickness) than the increase in the oil sheering friction in the hydrodynamic lubrication realm from the viscosity increase.
Less friction between rubbing parts in the boundary and mixed realms will also mean less wear. Lower HP and low engine loads will show less drastic differences between viscosity use, so another reason that more demanding use conditions like track use, heavy towing, etc will benefit from using higher viscosity. And a higher viscosity will always give more wear protection headroom (more film thickness) regardless of the use conditions.
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