Hello
Current Formula 1 are hybrid Electric/Petrol 1.6 litre engined but Formula E (also known as Formula 1A) is not far behind in the 0 to 60 stakes 2 vs 3 seconds but the main problem of switching Formula 1 to electric only seems to be sound quality for the crowds.
"The FIA announced in December 2019 that Formula E would be given world championship status from the 2020–21 season"
That, and the batteries will not last long enough for a regular race. First few years, they switched cars at pit stops because the battery in the first one was dead. They are fast, but just like a Tesla, yes, you can put it in Ludicrous mode, but if you drive it at full tilt, it will run for about 5 minutes. A Dodge Charger Hellcat, run similarly will go for about 50 miles.
The regular F1 engines are turbocompound engines, much like a Super Constellation, implemented electrically instead of mechanically. The exhaust turns a turbine, which turns a generator, that charges the battery. The battery then either spins a motor attached to the crankshaft in classic turbocompound implementation and/or spins a motor that helps the turbocharger spin up faster to avoid turbo lag. It also has regenerative braking to charge the battery like a conventional hybrid. With that, the battery will provide boost for maybe 20 seconds/lap.
It's pretty simple, there is only so much energy density, and any form of practical electric system using a Li-Ion battery is much, much lower than one using gasoline, methanol, diesel, etc, in terms of energy density. But for stunt, it was "good enough* 20 years ago (and hasn't really gotten much better in power/weight). Nobody currently running electric is making it through a stunt pattern using, say, a 12.5-3.75 Eather 3-blade, because that sucks up far too much power. If you tried to run it on the ground for 45 seconds like we normally do, it would probably melt.
Fortunately you have compensating factors that make it so you don't need to run the extremely inefficient props used on tuned pipe engines, and as Paul and Chris have shown, the lack of vibration allows you to build the airplanes much lighter.
That's not any sort of dig on electric, its plenty good enough the way it is.
Brett