No answer is completely accurate so far.
F1 cars used to have 7 gears, and each of those gears were changed and tailored to each track they visited.
A team that can pay for a different gear set for each track has a big advantage over one that can’t afford that.
So the rule makers said the gearboxes had to last longer than just that one race, but also you needed one set of gear ratios for the whole season.
To help out with those gear ratios, they allowed 8 rather than 7 to allow a more flexible gear range.
The other comments address why that matters.
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