Honda quits F1, invests in carbon-free tech instead
F1's problem is that it is a technological marvel that is simultaneously obsolete. Like the XB-71 Valkyrie project of the US AirForce, the technology powering modern F1 hybrid power trains is just outstandingly brilliant. However, just like the XB-71 was made obsolete by the advent of ICBMs, the hybrid power train's future for road cars has been overtaken by the advent of Tesla and battery electric vehicles. The metaphorical comparison with XB-70 ends when performance is concerned. F1 hybrids are still far superior to pure battery electric vehicles. So F1 is essentially stuck in the upper-left corner of the price-performance envelope. They are too good to move to pure electric, but their tech is obsolete for road cars. In a few years battery electric vehicles will get to the performance levels of current F1 hybrids, but by that time the mantle of the pinnacle of auto-racing will have been taken by FormulaE. Not a good place for F1 to be. In effect Tesla killed F1.