Carnut's suggstion of "points for everyone" smacks of primary school sports day. Sorry, don't mean to be offensive, but you're rewarding failure.
Allan's idea of a fuel consumption formula has been used before - remember endurance racing with cars crawling round in blind panic? Bernie's new-look F1 certainly achieved its aim, to attract a new style of fan and new backers, unfortunately in the form of nasty state rights-abusers. Hey ho, it's all cash in the pot for F1M, to hell with principles.
I also agree with Allan that the pinnacle of engineering should not be discouraged. However, with the use of IT the cars have advanced far beyond what would have been imaginable 10 or 20 years ago. I feel that however distasteful it might seem, it's time to put a stop to it. Use some of the advances, as Allan says, those for driver safety, but BAN any aero devices. Make overtaking easier and encourage the more skilful driver.
I'm wearing my rose-tinted glasses here, but I yearn for the 1970s and diversity on the grid - lots of noise, (to heck with energy regeneration), real variety in the way engineers tackled the formula, and the best driver usually won.
PS Congratulations to Max. Poor tyre selection by his team during qualifying seemed to hand the race to Lewis, but poor decisions by Mercedes gave the latter no chance on that final lap. Tyres again! Was it all "rigged" ? We shall never know.