Formula 1 has established a working group, which includes potential power unit manufacturers, after outlining its main objectives for the next engine formula, set to be introduced in 2025.
The championship has used 1.6 litre V6 power units since 2014.
While overhauled aerodynamic regulations will be introduced next season, the engine formula will remain the same.
On Thursday, at a meeting of Formula 1’s Commission, a freeze on engine development was agreed and will come into effect from 2022.
Further details were also provided on the hopes for the next engine formula, which is due to be introduced in 2025, 12 months earlier than initially outlined.
A working group has been formed, which includes current and potential power unit manufacturers and fuel suppliers, in order to assess the direction the sport should take.
Formula 1, the FIA, teams and power unit manufacturers have “strong alignment on the overall goals, particularly the need to reduce costs and reach carbon neutrality.”
It nonetheless outlined five key objectives: environmental sustainability and social automotive relevance, fully sustainable fuel, creating a powerful and emotive power unit, significant cost reduction, as well as attractiveness to new power unit manufacturers.
No new power unit manufacturer has joined the championship since Honda returned in 2015 – though it will exit as a works capacity after the 2021 season.
Honda is nonetheless set to retain a presence with Red Bull and AlphaTauri poised to ratify an agreement to operate its power units from 2022 following the approval of the development freeze.