Formula 1 is over-regulated, almost to the point of obsession.
It strikes me that sport should be about escapism, in the joy of artistic creativity. Participants yearn to push their personal limits and achieve greatness; observers desire to be wowed by feats of wonder.
Formula 1 should be an extreme sport, perhaps the most extreme there is. But somewhere along the way it feels as though Formula 1 has sacrificed this identity at the altar of regulation.