Honda pulling out is completely understandable, and I think F1 should sit up and listen. The dynamic simply won't work with three engine manufacturer teams and the rest being customer teams - especially when Red Bull is a customer team.
It might be radical, but I'd prefer to see F1 return to a simpler naturally aspirated V10 ICE only power unit, perhaps with a completely separate (and simplified) system for brake energy harvesting and short-term energy deployment (exiting corners).
We have formula-e let's make F1 more accessible to niche manufacturers.
If F1 is serious about reducing costs, they have to at least standardize PU, like they did to ECU.
It takes more than just throwing money at the problem to win. Otherwise, Red Bull (paying for two teams in full) and Ferrari would be doing a lot better right now.
Ferrari's last driver's championship win was 2007, and last constructors championship win was 2008. If simply outspending their competitors by 5% would make all the difference, I think they would have tried it by now (and infact, if you look at previous years, they have, and failed)
[0] https://www.essentiallysports.com/what-are-the-budgets-for-a...
The team might spent untold hundreds of millions (of money they have earned) but the parent Mercedes company spend thirty million a year.
For Mercedes this is excellent value for money, equivalent to a billion or so in paid advertising time on television.
Contrast this situation with teams at the back of the grid: no revenue from supplying engines, expenses for getting engines, poor sponsorship money, no income from a parent manufacturer. Oh, and little in the way of prize money. They do get some sponsorship money from their drivers though, either because they are in a Mercedes/Ferrari/Red Bull 'academy' or because the pay driver comes with sponsorship from his wealthy father or country.
But I know, watching a slow race is a big ask.
The problem? The lack of straight line speed means you have to build smaller tracks and a lot of the drama of Formula 1 is missing. You don't feel like you're watching the fastest cars in the world and it feels like a major compromise. If you put those cars on a track built for current Formula 1 cars it's going to be a complete snooze-fest.
What makes racing so attractive to fans is the perception (hopefully not that reality) that these drivers are defying death and/or major injury in pursuit of victory. Even if they're relatively safe, the speed itself triggers the lizard brain inside all of us that keeps most of us from attempting to travel at 200+ MPH.
I don't think anyone wants to watch a slow race. Hyper-miler distance races sounds like an oxymoron as hypermiling usually involves ridiculous theatrics of going 30-40mph on the freeway to maximize efficiency. It wouldn't even be racing in the traditional sense - it would be akin to a time trial but distance based. There'd be almost no need to overtake, would there?
I'm not a big fan of F1 as it stands (it's rather uneventful at times) but using EVs in this way would kill it completely as far as I can tell.
in 2005 Tour De France was completed in 86 hours and 15 minutes at the average speed of ~42km/h
that's very fast for bikes (and probably more dangerous than driving f1 cars, that's what makes it fascinating for cycling fans).
https://en.wikipedia.org/wiki/Shell_Eco-marathon
https://global.honda/about/sustainability/environment/face/c...
Above non-ridiculously low speed wouldn't the relative speed among cars be more important for entertainment?
I think it's worth pointing out that Honda staying this long was a surprise in itself because, to be blunt, they were absolutely awful in their first years and no better than their rivals now.
Also, the issue for a battery powered racing series isn't really efficiency at the moment but actually just being able to actually do the race distance at an acceptable speed. If they could make Formula E cars go fast enough they'd have already switched, or at least put pen to paper.