'format' on CREATE ANALYTICS VIEW statement results in unnatural layout

Given a CREATE ANALYTICS VIEW, where the view contents are enclosed in (), the format directive puts all of the view contents into a single line, to not break what is enclosed within the ()s. Subsequent lines are horizontally aligned with the SELECT statement after the closing of the (), further complicating the readability of the formatted statement.

Before format:

After format:
... and after horizontally scrolling the query box all the way to the right: