The Strategy Group met in London last Thursday to discuss the future of the sport, including Ecclestone's suggested idea of having a dual power unit formula.

The idea was rejected as F1 chiefs agreed to continue using the hybrid V6s turbos introduced last year.

Ecclestone, who has always been critical of the move to V6s, insists the current formula is wrong for the sport as it is too complex.

He also said that, despite manufacturers keen on retaining the hybrid engines, the technology is not road car relevant.

"I want to change many things," Ecclestone told Italy's Autosprint magazine.

"Today we have a formula where the engines are the most important thing. I do not think that F1 should have engines that are so complicated.

"A friend of mine, who I will not name but who works for a big manufacturer, told me that the technical solutions on the current F1 hybrids will never be used on road cars.

"These engines do not help Formula 1 in any way. They do not help the show, they do not help the teams to find sponsors and investment. The teams are having to pay much more for them than they did before.

"Of course it is possible to use different engines (in F1) that are cheaper but with the same performance - but the manufacturers don't want to."