The sport has become too elitist. I love F1, but would never pay full price for a ticket. I've been to the British GP twice, once as a guest of Lotus F1, a gift from an employer, and the second time on a ticket I purchased heavily discounted using a gift voucher. I enjoyed it both times, but I still couldn't justify the full prices. Now they are saying they can't even afford to host the event? Even though they sell it out every year at the crazy prices? Pffff.
Insane ticket prices, and with the move away from free to air TV insane subscription fees. F1 has become a very expensive sport for it's fans.
"Unbelievable how silly this Formula 1 is these days, with this stupid overtakes."
—Sebastian Vettel, 2012 US GP