MotoGP motor cycle racing is highly skilled and is IMO far, far more exciting than Formula One which used to be the fastest/most expensive formula amongst multiple divisions and is now largely an inventors/engineers domain.
As others have noted different eras of racing cars (late 60's early 70's formula one for example) required very different skills and bravery levels.
David Coulthard drives Jim Clark's Lotus 25 https://youtu.be/_L1tHavnd9w lovely bit of informative film