How does F1 let innovation thrive without stifling the rest of the sport?

There is a battle at the heart of Formula 1. Its need to allow engineers to constantly innovate and push design and technology can stifle good racing and many of the values that make F1 great. How does Formula one balance this, keeping everything in check while keeping the spirit of innovation alive?

Let's look closer at the fine balance that F1 has to walk.