See its people like you who are taking away from this thread because you own a LC and think its the absolute best thing going and that nothing in the world not even an M1A1 tank.
Depends on need. If I needed to flatten a division of Iraqi troops (oops, forgot, they're our allies now), then I'd obviously take the M1.
If I needed a go-anywhere camping/expedition/family vehicle with all the modern amenities, luxuries, and safety features, and with the added bonus of Toyota reliability, I'd take, uh, my Toyota Land Cruiser. It may not be the absolute best at everything, but overall it has the best blend of all worlds. Remember, you're on a Land Cruiser forum. Of course we think they're the best. That's why we're not on a 4Runner forum, or a Tundra forum.
Your F1 car comparison is apples to oranges. Try taking that car through a rock garden and see how it does. At least the Cruiser can drive through that rock garden, then get on the freeway to take you home. Can't even get the F1 car onto a groomed dirt road.
BTW, Toyota has yet to win a single Formula One title, whether GP or Constructor's. In fact, I don't believe they have even won a single race yet. Give me a McLaren-Mercedes MP4-23 or Ferrari F2008 any day...