Formula 1 looks set for a radical overhaul in the next two years after the green light was given on Thursday to implement a major shake-up of the technical rules.
A proposal for 1,000bhp engines, wider tyres and increased downforce were put forward on Thursday during a F1 Strategy Group meeting in Paris.
The ideas were received well amongst the majority of teams and F1 bosses and the go-ahead has therefore been given, with in-depth research into what exactly needs to be changed the next step.
The changes will be staggered in an attempt to ease any financial concerns, with the biggest changes likely to come in 2017.
Next season could see wider tyres introduced and fewer aerodynamic restrictions to make the cars quicker and harder to drive – something F1 bosses believe will improve the spectacle.
The following year, 2017, will see changes made to the power unit to increase its power output from roughly 850bhp to 1,000bhp by lifting fuel flow restrictions.
It was decided that changing the engine formula altogether – as suggested by Red Bull’s Christian Horner – would be far too expensive, with F1 bosses certain the 1,000bhp target can be achieved by tweaking the current hybrid-V6 units.
Further discussions are set for later in the current month where more detailed proposals will be put forward, in the hope changes can be added to the 2016 rules when they are approved on February 18th.