They would come up with this: http://en.wikipedia.org/wiki/Red_Bull_X2010 http://en.wikipedia.org/wiki/Red_Bull_X2010 Adrian Newey (needs no introduction if yo

They would come up with this: http://en.wikipedia.org/wiki/Red_Bull_X2010 http://en.wikipedia.org/wiki/Red_Bull_X2010 Adrian Newey (needs no introduction if you are an F1 fan, look up his accomplishments if you are not) did exactly what you are talking about with the RB X2010 and the car is incredible to say the least. Much like my sibling comment says, a no-regulations formula league would be financially un-viable for all but a few teams. As it is, F1 is struggling considerably to balance development and testing costs with keeping the smaller teams in business. And those back-half teams are still driving very uncompetitive cars compared to the big 3 or 4 teams - we're talking 2+ seconds off the pace per lap.