I favor little regulation and tight cost caps. Example: you get 100 millions, 100 kg of this kind of gasoline per race, do whatever you want.

Any chassis size is probably not a good idea because cars collide with each other and they must do it safely. So maybe rules should define a box that cars must fit into, with the parts that get in touch with other cars at given places and with given shapes. Example: we don't want spear like nose cones at the same height of the heads of drivers of other cars. No halo can protect against that.

The problem with little regulation is that manufactures will be frightened to enter because it's easy to have a championship in which the one with the bright idea wins all the races and the other ones are scattered 2, 5, 6, 7 seconds behind.

We had something like that with the CanAm https://en.wikipedia.org/wiki/Can-Am

A lot of innovation and crazy designs.

> tight cost caps. Example: you get 100 millions

The effect of that in F1 was a huge increase in team profits and significant decrease in real wages for ordinary employees of those teams.