People don't understand why Formula One rules exist

Since for almost as long as Formula One races have existed and been popular, there have always been people complaining about why the governing body has so many rules and limitations on the cars. Indeed, the Formula One rulebook for the design of the cars makes the Tax Code read like a children's book, and the phonebook of a big city like light reading purple prose. So year after year people complain about it. "Why do they have all these rules? Why not just allow the teams to design whatever car they want? Why do they need to specify every single tiny thing?"

Most of these people don't understand the very idea of Formula One. That word, "formula", is not there just because it sounds cool. A "formula car" does not, in fact, refer merely to "a car that participates in Formula One races". The word "formula" there is not random.

It means exactly what it says on the tin: It's a race using cars of very particular specifications. That's the very core idea of the event: All teams must use cars conforming to a particular formula set by the ruling body, with only very minor variation allowed.

If you want to watch a completely wild race of whatever cars people want to use, watch something else, like Demolition Derby. Formula One is not that kind of race. Tight car specifications is the very core idea of Formula One (and all the lower tiers of the Formula series of events.) It emphasizes the skill of the drivers and the supporting team.