The FIA has confirmed its earlier plan to introduce cost control and cost reduction regulations for 2015, following a meeting yesterday.

The regulations will be presented to the World Motor Sport Council in June and will come into force for the start of next season.

An FIA statement said: “The FIA President reaffirmed to members of the WMSC the FIA’s intention to assure a healthy, affordable and spectacular FIA Formula One World Championship for the long-term future. At a meeting of the F1 Strategy Group yesterday, chaired by the FIA President, and attended by Bernie Ecclestone and the teams, it was unanimously agreed that cost reduction and cost control regulations will be presented to the WMSC in June 2014 for introduction in January 2015.”

Meanwhile, there have been some updates to the rules both for this year and beyond, although they have yet to be fully ratified. One of the most intriguing is that from 2015 teams can share suspension and brake duct designs:

Amendments to the 2014 Sporting Regulations were also approved, but are subject to ratification by the F1 Commission and teams. These include:

– The Stewards may now impose a five second time penalty which can be taken before work is carried out on the car in a pit stop

– Team personnel must also wear helmets during qualifying, as well as the race

– Drivers may not stop on the slowing down lap to save fuel for sampling and subsequent analysis; this will not be considered justifiable reason for stopping

– For 2014 only, each team will be allowed six curfew ‘jokers’, previously there were two permitted. This is to allow more flexibility for working on the new engines and cars

Amendments to the 2014 Technical Regulations, subject to agreement of the F1 Commission and teams:

– The weight of the car, without fuel, must not be less than 691kg at all times during the Event. The weight limit has increased by 1kg to take into account the difference in weight between the tyres in 2013 and 2014.

Amendments to the 2015 Sporting Regulations, subject to agreement of the F1 Commission:

– To be considered as a constructor, teams will now not need to design and manufacture suspension and brake ducts

Amendments to the 2015 Technical Regulations, subject to agreement of the F1 Commission:

– The car minimum weight has been increased by 10kg, to 701kg, for 2015

– All tyre heating devices will be prohibited in 2015

– For safety reasons, the front part of the chassis will not be able to climb too steeply rearward of the front of the chassis.