How is that we keep getting these ideas to reduce the technical and innovation quality of F1? What is the purpose of removing technology advancement and reducing costs? In an economically struggling world, at the least these activities provide jobs to a number of engineers. What are big automobile corporations going to do with those saved dollars? For them to enhance the quality of automobile releasing from their labs to consumers, they need innovation to come from somewhere and F1 is breeding ground for such experiments, besides being a racing series.
F1 was always expected to be a cut above the rest of the racing series in terms of technology and innovation in motor racing. There are so many cheaper racing series around that can satiate the hunger for close racing and all that with basic cars. Why pull down F1 to that level and take away a technologically advancing series? Why does F1 need struggling low budget teams who come for the sake of making some advertisement dollars?