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Surely motor sport would flourish if there was a championship that could support a few GP's, but which had an open manufacturer/engine formula, & that was a logical stepping stone up the racing ladder. This would not only encourage the drivers & teams, but also the engine suppliers & chassis manufacturers & thus produce a broader engineering base across Europe (sounds like Formula 3!!!).
What we have instead, is a 'closed shop', with one manufacturer & one engine supplier getting a lucrative deal via friends of friends in the FIA.
The result of all this will be stagnation & lack of interest in motor sport.