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I have always thought that the point of Formula One was to develop the cars and engines within a given formula.
Both cars and engines in production cars have improved enormously in the last twenty years. In my opinion, motorsport has had a significant part to play in this.
Where could Formula One go now to cut costs and benefit us all in our road cars?
I like the idea of restricting the total dimensions and wheel sizes. I like PG's idea of weight restriction and ground clearance. I agree with him that apart from these restrictions, anything goes.
But I am not an engineer. So I would be interested in informed opinion as to whether these sort of changes to F1 would result in cost reduction.