There is competition today, just not between all of the manufacturers. That has frequently been true for many years with only Honda and Yamaha consistently up front. Concessions artificially create competition between all manufacturers by changing the rules (to keep it interesting and be able to collect the maximum profit). Personally, I'm not a fan of that, but I love most of the coming changes. Especially "all ride-height and holeshot devices will be banned"
I grump about F1, but my F1 buddy set me straight over eggs, hashbrowns and biscuits today. He tells me "ABS was banned in 1993, traction control was banned in 2008. They do have active aero that allows drivers to open the rear wing when within 1 second of the car ahead, and can adjust things like brake bias. But...no abs, no TC, no launch control. But Civics have all that stuff." Much of what they do is aero...
I grump about F1, but my F1 buddy set me straight over eggs, hashbrowns and biscuits today. He tells me "ABS was banned in 1993, traction control was banned in 2008. They do have active aero that allows drivers to open the rear wing when within 1 second of the car ahead, and can adjust things like brake bias. But...no abs, no TC, no launch control. But Civics have all that stuff." Much of what they do is aero...