Gibson Technology has been selected as the official constructor of LMP2 engines in ACO and IMSA-sanctioned sportscar championships from 2017 onwards, while Cosworth will be the exclusive worldwide electronics supplier to the category.

Gibson will be tasked with producing a normally aspirated four litre V8 engine producing 600 bhp, in an attempt to both increase the performance of the LMP2 class and reduce the operational costs of running an entry.

The British company will supply spec engines to the FIA World Endurance Championship, while the IMSA Sportscar Championship and European Le Mans Series will allow the Gibson alongside other eligible LMP2 power plants.

The Asian Le Mans Series will also adopt Gibson power when it picks up the new LMP2 regulations in 2019.

Cosworth, meanwhile, has been confirmed as the supplier of electronic units for all LMP2 cars in 2017, irrespective of championships.

The move towards a single electronics provider will allow for a smoother Balance of Performance adjustment between ACO and IMSA machines for when they race against each other (notably at Le Mans).

In July it was announced that ORECA, Onroak Automotive, Dallara and Riley-Multimatic would be the four official chassis suppliers for 2017 onwards. Monday’s news confirms that Gibson – which currently manufactures open cockpit chassis to teams in the FIA WEC and ELMS – will continue its involvement in LMP2 racing when the new regulations come into effect.