Seven different winners have won the opening nine Grands Prix, and drivers including Michael Schumacher, the Lotus duo and Sauber's Sergio Perez are tipped to maybe be the eighth.
So a decade after Michael Schumacher's utter dominance, where he won 11 of the 17 races in 2002, and 12 of the opening 13 Grands Prix in 2004, F1's chief executive is happy.
"Isn't this better than when you knew almost before it happened that Michael Schumacher was going to win?" Ecclestone is quoted by O Estado de S.Paulo newspaper.
"How many different drivers can win the races now?" he added.
And Ecclestone said the actual racing in 2012 has been just as exciting as the unknown outcomes.
"How many changes have we seen in the last few laps?" he asked rhetorically.