How the hell do you guys leave such long comments when I'm restricted to a few sentences??

Just B*.

Perhaps F1 should consider making cuts elsewhere starting with cuts on all the lavish lifestyle costs outside of the cockpit for hospitality, travel to foreign events in Africa and Asia (bring the GPs back to Europe), cut revenue to Bernie and give it the teams, and find a way to make the series team ownership go back into the hands of the teams, not the engine manufacturers. Bringing Mercedes, BMW, Honda, Toyota in as team owners is what caused this whole problem.

Auto racing is a wonderful sport. The money spent on racing alone is mind boggling, not to mention the other sports, money that could be well spent on real needs. I have loved F1 since the late 80s, I always have I always will.

The problem isn't the money, it's relevancy per money spent IMO.
Ban and restrictions have made F1 a big waste of money.