F1's biggest problems right now are A) costs, and B) the number of people pissing on F1 without the slightest knowledge of or affinity with the sport.
Also, F1 cars look just fine right now. They just look too similar, but no one has been able to solve that problem without escalating costs.
A) Disagree, F1 was always expensive. F1 is about money. A bigger problem is the distribution of the money. The bigger teams have to realize, that there will be no show without the smaller teams.
B) Agree. The bigger problem is, that even the insiders are pissing on F1. (e.g. at the moment, Mateschitz crying because of the Renault engine and complaining about the rules. But he is not the only one.)
It works the other way round too, hence why the big teams get a larger share. I think the better solution is only allowing in teams who can actually afford to race. If you're going to run around 5 seconds off the pace or run out of money before the end of the season you shouldn't be allowed to compete. It makes the sport look bad when it's actually just shitty business management.
>> B) Agree. The bigger problem is, that even the insiders are pissing on F1. (e.g. at the moment, Mateschitz crying because of the Renault engine and complaining about the rules. But he is not the only one.)
Red Bull are certainly the worst culprit here. Not winning anymore so complaining and threatening. They need to look at McLaren's attitude :)
In the past, I had the same opinion. However, today as I see even the mid-pack (Sauber, Force India...) struggles with money. There are 3-5 teams, that can "actually afford" racing in F1. With a better distribution of the profit, even smaller teams could spend more money on development and probably catch some podium finishes. Like Williams, which is not a big team, but still receives a little from the shares because of its past successes.