The teams and manufacturers have agreed to drop the controversial ‘green’ engine formula which was set to be introduced in 2013.
At an F1 Commission meeting today in Heathrow, the teams and manufacturers outlined plans for a new engine to be introduced a year later than previously planned.
The compromise will see the cars powered by 1.6ltr, turbo-V6 engines in 2014, rather than the four-cylinders proposed earlier.
The FIA must agree to the move before the larger capacity engines, though smaller than the current V8’s, can be officially written into the regulations.
It’s thought the sports stakeholders have come to a unanimous agreement, therefore securing the future of all current suppliers, including Renault, despite their interest in the four-cylinder formula.
A fax vote will now take place amongst members of the FIA and World Motor Sport Council with a definite decision expected to be announced in early July.
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