Liberty Media's takeover and the off-season departure of the sport's veteran commercial ring-master Bernie Ecclestone have coincided with an overhaul of the technical regulations to usher in a new breed of 'fatter and faster' cars.
The wider new machines with broader tyres make much greater physical demands on the drivers and are expected to provide more noise and spectacle -- and hopefully better racing with more passing moves -- as Formula One bids to appeal to a younger, global, digital and social media savvy audience.
That has been just one of a ripple of moves up and down the pit lane that have added an even greater sense of adventure, and the unknown, to the competition with Ferrari performing well in pre-season testing to suggest they may join Red Bull in mounting a challenge to the dominant German team.
Already, Liberty have relaxed restrictions on teams' paddock use of social media streaming of their live action during testing and made promises that there will be more substantial changes to come as four decades of Ecclestone's leadership are dismantled and swept aside.
But beneath the surface many of the old fears persist amid hushed warnings that only a much-improved 'show' with better racing will help the sport halt a slow but sure decline in its fan base in a highly-competitive global age of digitalised sport-media.
Despite the changes at Mercedes, that included the departure of technical team boss Paddy Lowe to join Williams, the champions will start 2017 as favourites again with Britain Hamilton the man to watch on the track. Lowe has been replaced by former Ferrari boffin Briton James Allison.
But the top pre-season story has been the problems at McLaren where a boardroom upheaval led to the ousting of long-term chief Ron Dennis before testing confirmed that Honda's latest engine -- in the third season of their much vaunted partnership -- lacks both power and reliability.
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