Formula 1 is focussed on introducing cheaper and noisier engines from 2021 following a meeting to discuss the sport’s future power unit regulations.

FIA president Jean Todt chaired a meeting in Paris including F1’s new owners and engine manufacturers to begin the process of forming new power unit rules.

F1 is committed to 1.6 litre turbo charged hybrid units up until the end of 2020 although it appears they will be replaced by a new concept.

The current regulations have proved expensive and challenging for engine manufacturers, while less appealing to fans.

F1 has however previously stated there are no plans to return to V10 or V8 engines.

Following the meeting, it was agreed the new engine regulations meet key criteria.

The power units must maintain F1 as the pinnacle of motor sport technology but also be relevant to current road car trends.

The FIA also stated the engines should be noisier, powerful, but simpler and less costly to develop, while allowing drivers to push for an entire race.

While it will take years for the regulations to be finalised, Todt believes progress has been made to form stronger rules for 2021.

“I was very pleased with the process, and the fact that so many different stakeholders were able to agree on a direction for the FIA F1 world championship in such an important technical area,” said Todt.

“Of course, now we must sit down and work through the fine details of exactly what the 2021 power units will be – but we have begun on the right foot, and I am looking forward to working through the process to come up with the best decision for Formula 1 into the future.”