Ten years ago, we compared the acceleration on an absolutely empty Autobahn between a US 911SC with 180 hp and a Roadster Sports 3.0 series 3 with 223 hp. So that it wasn't too unfair for the Roadster due to the increasing air resistance, the acceleration was from 70 km/h to approx. 130 km/h. In the end, the Porsche was clearly one or two car lengths ahead of the Roadster. Apart from the better gear ratios, I suspect that the 911 had very little drag, neither a cardan shaft nor steerable drive shafts as in the front-wheel drive. When Lorne says a Morgan has more drag than other brand newer cars, maybe it's due to slippage in the measurement of the light car, or does the differential in a rigid rear axle have more friction than more modern half shafts?
Of course, your noted experience depends on which Morgan and which Porsche.
I haven't heard from Eales as yet. But:
The internet and a dyno operators (from my wayward past) confirm that front wheel drive vehicles lose 50% less of the drag difference than do rear wheel drive vehicles. That would change the rear wheel difference to 174 bhp for the home team versus 164 bhp for the Porsche. (I am, for the moment, using a drag figure from a famous UK Morgan race preparer
who shall remain unnamed. Porsche are rear wheels drive vehicles with rear mounted engines so I am using the industry figure for the front wheeled mounted and driven cars.
Wind resistance is really not a significant factor until 145 kpm+! If we have the Porsche model we can examine tyres and other factors.
I am a 3.0 Roadster fan. However, Plus 8s are set up differently. As noted earlier, Plus 8s reach significant torque very low down in the rev range. Even a stock 3.9 (appr. 190 bhp) is at its maximum torque at 3000rpm.
https://www.car.info/en-se/land-rover/range-rover/classic-35-v8-4x4-m5-6658456/specs A 2008 Roadster won't reach less torque until 4900 rpm though the bhp is greater. You can confirm that at a Morgan Challenge race. You will see the stock Roadsters gain and pass on the straights while the Plus 8s make it up in the turns.
I lived for 42 years 10 miles from the legendary Circuit Tremblant. They hosted annual East Coast Porsche event. The little village and resort is inundated with over 3000 Porsches! 20 years ago, I used to be allowed on the track on Practice Day. Nothing head-to-head...merely lap times. The only Porsches my tuned 3.5 couldn't beat was the later Turbos. Rover V8s were very flexible. It seem fair of me to continue with my 4.8L. after 2005. I could never have achieved that on a straight, but putting my foot to the floor, with teeth clenched and saucer eyes on a straight run does not interest me. Like the young reporter trying to match the MMC's advertised Aero SuperSport top speed, I do not want to wet myself.

Morgans, (since 1909) were always designed for small deserted country roads. I only use Autoroutes, Autobahns, Autostrada, Motorways and Interstates when forced to. They are fish out of water.
gmg