Having participated in Clean Snowmobile with Andrew, there are some downsides that come from being able to see everyone's reports.
You find some neat tricks within the rules, whether it may be a favorable scoring factor towards engine choice, costing methods, design components, etc. and people can openly analyze your methods....or blatantly copy them.
Every entry becomes an open book. I agree that teams could learn a lot from the top teams, but there is a risk that needs to be managed (preferably by the teams, themselves) of making good/bad decisions and not understanding why these things work or issues to look out for.
We brought a turbo ACE 600 to snowmobile competition in 2013, placing 2nd. The year after that 4 of these concepts were entered into the competition (3 showed up) running the same turbo and components from our design paper and cost documentation and placed 1,3,4 (of gasoline engines). In 2015, the concept went 1,2,3.
All teams had some issues with controlling knock from the engines, some learned how to manage it along with the other quirks that come with boosted, alternative fueled vehicles. The other end of this that one of the vehicle that rounded up the bottom was also a turbo ACE 600s, troubled by engine issues and controls.
Another thing that happened is that ETS found some questionable costing methods that became pretty commonplace by 2016 before the costing judges shut that down. They found something neat and everyone being able to see followed suit pretty quickly.
Just an alternative perspective from a similar world.