>Traction control: F1 cars are driven by some of the best drivers on the planet. I think it's straining credulity to believe that an electronic traction control system is going to outperform them to such a huge degree.

I'm with you for the rest of the post, but this is not straining credulity. Look at the F1 season where traction control/launch control was not yet banned. You can see how the cars with that technology gained a massive advantage. Look no further than some starts featuring Schumacher vs Senna. The former wasn't a better driver, but Senna couldn't do anything but watch him pull away on the starts. And that's 1993 technology.