Formula One's ruling body has announced plans to cut costs and make racing more exciting after a meeting with team bosses in London.

The FIA has acted after saying the 10 team principals had failed to come up with concrete proposals despite much discussion.

Electronic aids such as traction and launch control are to be eliminated by 2004 at the latest with the FIA moving to have them taken off cars during the coming season.

Once they got over the shock it all went down quite well FIA president Max Mosley

It has also warned it will "rigorously apply existing rules" in the coming season to ensure teams will not be able to use a spare car in 2003.

Two-way telemetry (which allows changes to be made to the cars from the pits while they are out on the track) will not be allowed, nor will radio contact between the driver and team.

The FIA also announced plans to introduce standard braking systems, rear wings and other long-life components from 2004.

The prospect of manufacturers being compelled to supply engines to more than one team has also been raised.

From 2005, engines will have to last two races while in 2006 engine life will be extended to six races.

New measures

Pit to car telemetry banned No radio contact between driver and team Spare car cannot be used No access to cars between final qualifying and the race Standard braking systems and rear wings to be introduced from 2004 Electronic aids to be eliminated by 2004 Engines to last two races from 2005

FIA president Max Mosley has warned he is prepared to force through changes if the teams did not agree their own.

"We have gone over to zero tolerance," he said.

"We could have probably been more insistent [last season] so now we decided we would impose the regulations to the letter."

Jordan team owner Eddie Jordan said after the meeting: "It's a huge day as far as we are concerned.

"The atmosphere was the best that I have ever known in a team principals' meeting.

"Things have been changed, Max has been quite brutal about what he wants to see for 2003, '04 and '05 in terms of engines."