Solution? From what I remember, engine/car manufacturers themselves wanted the hybrid power units, because V8s were outdated for them. F1 had to "move on with times".

But does the modern innovative era need to be sooo damn expensive that almost nobody can afford it? Perhaps a simpler and cheaper hybrid solution could be found.

Perhaps cheaper and simpler regs could also attract hybrid specialists like VW Group and/or Toyota into F1, who are doing fine in the hybrid-powered WEC series.

As for Honda, their whole F1 strategy has failed. Conservative approach in terms of managament, bad timing of F1 entrance (1 year later, by which time competitors had already nicely settled in, etc). Frozen regs is not the key issue in their failure, but it certainly magnifies the whole mess.