I'm new here, but I've had Lionel/O gauge trains since I've been 8 years old, so almost 25 years. I've got two Lionel F3s, a 2343 from 1950 and a 18117 (ATSF blue & yellow freight scheme) from 1993. I've noticed that the horizontal motor 2343 has a higher top speed than the vertical motor 18117. When they pull the same train (2 dummy F3 B units, a dummy F3 A unit, and 6 2500 series aluminium passenger cars) around an 072 loop the horizontal motor F3 has a higher top speed, when the throttle on a postwar ZW is opened all the way. Neither engine has any trouble starting the train or crawling around the layout with it at 10-11 volts, it's just the horizontal motor F3 is faster with the throttle on the ZW at 20 volts.
I have been under the impression that the horizontal motor F3 had a lower top speed than the vertical motor f3, but perhaps I am wrong? For comparison I put 2 mid 90s pullmor motored Lionel GP7s on the same train and they topped out slightly slower than the vertical motor F3 at 20 volts. All 4 engines are recently serviced (cleaned pullmors and lubed).