> The F1 isn't just spectacle it's also something that should show real advancement in technology.

Maybe 30+ years ago. Carbon fiber parts, motors made of Beryllium alloys, the hybrid tech was interesting for a short while etc.

But then, either you want fun for the fans of the fossil engines OR you want advancement in technology. I don't think it can be combined anymore. My feeling is it will go the way of horse races, completely irrelevant to the broader transport technology, and won't go electric at all.