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CART is exciting, and much more competitive - but if they are in business in 2 years I will be surprised. They just lost three more teams to IRL, and there is no way they will run 18 cars/race - even with several teams talking about running 3 car teams (how they will afford it is another matter). IRL is sucking up the TV deals, and North American sponsorship money. CART stock is dropping like a rock. It doesn't look good for them right now.
F1 racing is much more expensive, and technically advanced. It is also less competitive right now, with Ferrari blowing away the other teams. That won't last forever, as it seems one team is always the top dog for a few years, and then the tables turn.
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