i respectfully disagree with this sentiment. i think that in general, reinventing the wheel can be a great learning opportunity in understanding how the wheel works.
There's a lot less freedom in reinventing the wheel in formula 1 nowadays
https://www.formula1-dictionary.net/wheels.html
The steering wheel of course isn't even a wheel anymore, for a long time. It's some video game console / airplane cockpit looking monstrosity.