FIA-president Jean Todt has said that the directions for the new engine regulations for after 2020 need to be clear by the end of the year if the F1 wants to attract new engine suppliers.
The initial proposal that the FIA and Liberty Media made was met with a lot of protests, particularly from Ferrari and Mercedes. However, Todt does realize that if the sport wants to attract new engine manufacturers in 2021, a plan needs to be in place in the next nine months, so current and new manufacturers can prepare properly for 2021.
"It's a work in progress," the Frenchman said. "I've instructed everyone to not destroy what has been done on the engine these last few years, as that would be very unfair to the current manufacturers."
"The whole idea is to build on the engines we have now, and make them better, maybe simplify them more."
"We've all sat together and agreed that engines should be cheaper, they should have more recs, and no fuel consumption limitations. That way you can drive a whole race on full power - you improve the noise and make it easier, which encourages entrants."
"It's hard, because on the one hand you need to respect the ones that have been working and investing in the sport for all these years and that should be rewarded, but on the other side you want to encourage new suppliers to come to the sport too."
"If you want new engine manufacturers to be ready to go by 2021, they'll need to know what it'll be by the end of this year. That leaves 2019 and 2020 to develop it, which should be plenty of time."