On my '78 308 GTS the REDLINE is 7700 RPM. That is the manufactures recommendation of the maximum the engine should be run at. This does NOT necessarily reflect where the engine produces maximum horse power. This holds true on nearly every engine I have run with the exception of certain motorcyle engines.
After running my car on a dyno last month I found peak horse power at about 6500 to 6800 RPM. If you read the specifications for an engine carefully you may find peak horse power figures listed at less than redline in most cases.
Here is a link to the dyno sheet for my car.
http://www.ferrariforum.net/forum/download.php?id=1371
Please note; this was done on a WinPEP inertial dyno (2 wheel drive only)
Hope this clarifies things a bit.