I don't dislike F1 because of its tech on the contrary I love the technical advancement, what I cannot stand is how you can have a 'race' with only a handful of overtaking possibilities in a weekend.
Why has it we have got to a point where we believe low tech = more competitive?
That's the thing Bernie and the teams should be working on
The cars are too fast for the circuits and the general appetite for risk. And the governing body has done nothing much but tinker round the edges and faff about with the formula for the last decade or more.
First thing I'd do is abolish or very markedly reduce the whole aero piece. Get the cars far more reliant on mechanical grip.
With that constraint I'd be inclined to have a much more open rule book. Get some innovation into the mix. The more teams push the boundaries, the less reliable the cars will be - that living on the edge was part of what made it exciting in the 80s to me as a kid.
With this we could possibly do with high quality new circuits which are a lot bigger (wider and longer) to allow multiple lines and more room for overtaking and mistakes.
And with current circuits, stop denuding them. The sport is risky. Take that away and it loses some of its edge too. We don't want to go back to the 60s and 70s wrt serious incidents. But the a car on a circuit isn't inherently dangerous in itself per se...
The attempts to curb costs should be forgotten about too. F1 isn't cheap and never has been. It's meant to be the pinnacle. If the number of teams able to compete starts to dwindle it will find its own path one way or another. Messing about as they have been is like having trying to keep something past its best alive for mercenary reasons.
Even then though, the whole thing is far more professional these days and that erases much of the soul out of it IMO. There are no real characters any more. No allowance for flare. I'd almost be more interested watching a computer drive the cars round a circuit these days.
I suspect Formula E will end up being where it's at. And, sacrilegious as it might be to say it, it may be a good thing to take non-internal combustion engine transport forwards. Younger people will inevitably be brought up on hybrids/full electric cars and so the things that got me excited in F1 and motorsport in general (I also went to rallies, including GpB) probably won't apply to them (the noise, the visceral nature of the machines, the sheer difficulty of controlling a largely manual car in extremis etc). Racing will still excite but it'll continue to evolve in a "digital" direction I suspect.
I cannot see us ever getting back to shrieking V12s emerging through the rain at Blanchimont, going flat through Copse, or tracing you preferred car by sound only all the way around Monaco. It's sad, but times have moved on and I doubt can be reversed. Trying to do so is like trying to hold back the tide.