Is Formula 1 at it's lowest point?

I was also a huge Schumacher fan and I'm still sad to this day of what happened to him, and that he was so unlucky of retiring before the Mercedes got their new "super" car. And also, just as I post this thread we probably had the most exciting race of the last few years, including a record breaking win for Max Verstappen as the youngest driver to win a Grand Prix ever.