It has come to my realization that the KERS and MGUH motors can be made with superconducting materials.
The advantage of using superconductors is a reduction in electrical resistance and hence heat generation. Imagine the lighting quick power you could transfer without any fear of system overheat. The KERS and MGU-H can be pushed to the limits. The motors can be made ever more compact. (Honda are you reading this?) The only bottle-neck would be the actual algorithm used to manage the energy flows.
I am not a chemical engineer or an electrical engineer but I think it is very feasible to have a cryo system fit neatly into an F1 car. It would be driven by the engine. This is actually not impossible to achieve with a well designed setup. The mass of conductor that you need to cool is actually very small. Once it is sufficiently insulated away from other heat sources it shouldn't need a huge power source to keep cool either.
The system will add weight, but at the same time kers and mguh will be smaller. The extra power availability would also give a net advantage in lap time.
Maybe this is a crazy dream, but I welcome any one who has knowledge on cyro refridgeration, supeconductors and motors to shed some more light.