I am sure the OP would find a F1 race more interesting if he got a nice view and everything else for free!
I did enjoy it, and I am sure most normal people would. Maybe even you?
Boasting about a free pass?
That is quite funny, I have to say!
F1 has become incredibly technical with a hugely important strategies, in addition to the driving.
I sometimes think that the driving takes second or even third stage....
The F1 I enjoy watching most is 1960's and 1970's.
Being there is different, I remember going to F1 races as a boy when they were still held at Brands Hatch, but to be honest the racing was a minor part of it, it was the the people, the sound, the smell and the atmosphere and that is something that TV at this time cannot impart to the viewer. As I said I find watching Cricket boring as hell, but I have been a Marshall at Canterbury Cricket Grounds and that was the same it wasn't the activity / the sport it was THE EVENT.
People quite frequently attend EVENTS, not for what's going on, the sport or organised activity, but for the social side of life. The Wilderness Gathering, The Bushmoot and the Army & Navy Rugby match are classic examples. Yes you will learn or watch the spectacle of sporting prowess and yes you may appreciate the work and effort that has gone into it, but you are also surrounded by people that are in some way involved be it physically, emotionally or mentally and that is "contagious".
F1 has nothing to do with driving prowess and the top driver, it's to do with the constructors championship and "My Car Is Better Than Yours

." As to F1 being technical it's not as technical now as it has been in the past. People need to remember that design will improve with improved technology and manufacturing process and F1 has taken aspects of design from the Aeronautical industry and applied them to the automotive industry. If you look at the telemetry readings you get from an F1 vehicle you then understand that all the F1 car is is a prototype for improvement, it's a continual work in progress.
If it had anything to do with the driver they would all be driving identical vehicles and all tyre changes would be an automated process so that no one driver had an advantage over another. Instead what F1 is, is a chance for automotive companies to showcase their latest innovations and get sponsors to pay for the R&D. Televising it is just a way of getting more money into the pot for companies who already make billions as different companies vie for the rights to televise it in different countries. Add to that the sponsorship that the teams get and it's a profitable bet for automotive companies as it reduces their costs on R&D.
F1 is not a sport, it's a business and the televising of F1 is a chance for the automotive companies to showcase their wares in a barely interesting procession of boredom.