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This is an interesting one and FWIW my take on it is that F1 will lose it's relevance if for no other reason that it's 'core' market will have died out - how old will many on the forum be 2040 for example? And there will be no young drivers or the interest in cars which just become transport solutions.
One report I have seen sees the phasing out of fossil fuels on sale by 2055/60 in the UK as most remaning ICE cars will be at least 15/20 years old by then (and probably punative taxes to drive them on the road),so there will be a limited market for it. It is thought that most car manufacturers will phase out ICE cars well before 2040 in the UK.
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