That F1 image is, in my mind, proof of exactly what is wrong with AVIF. If you look closely the beautiful highlights on the car have been erased and replaced with something plausible. Once you see it you can't unsee it and it boggles my mind that people are still using it as an example.

Granted, AVIF performs impressively for, say, a huge hero image for a blog where you're out to create an overall impression and people aren't going to look at it closely. It does not impress me when I am compressing photos I took with my mirrorless and I expect them to look like photos taken with a mirrorless and not cell phone snaps.