Hey Wild you are right again...
You can build 140hp from a 1,6/16v, but you are not gonna want to 4X4 with it. The cam timing needed, injection mods, exhaust and head mods are going to produce a rice rocket style motor.....lots up top but little down low.
If you just gotta have that kind of normally aspirated power yoou should be looking at a 2.0 swap. 130hp out of the box, lots of torque easy parts availability.
Zag