by taking hormones to reduce testosterone you potentially have the effect of a bigger car with a smaller engine, so whether trans women should be allowed to compete may depend on the sport
This analogy is nonsense. If we are using the analogy of an "engine" powering a person's body, then that will be equivalent to the heart and lungs, which will have developed differently in a male AT PUBERTY due to the testosterone surge then. A larger chest cavity, with larger heart and lungs = a more powerful engine.
The fact that the body is larger also is not a disadvantage as the car analogy tries to imply. Longer limbs, bigger hands and feet, different pelvic shape, etc. All confer athletic advantages. These physiological advantages are set at puberty and do NOT alter if testosterone is suppressed.
So these transwomen athletes still have a bigger car with a more powerful, more efficient engine.