Following the previous reports, FIA released a brief statement confirming that the proposed 1.6 liter turbocharged V6 engine to be used in Formula 1 from 2014 has been accepted by the major stakeholders.

They’ve apparently conducted a fax vote, and everybody seem to be happy with the V6 alternative. The new engine will also feature KERS energy recovery system. This is Formula One’s way of going green. Previously a four-cylinder turbo engine was considered as the replacement for the current V8s, but most of the teams and F1 officials voted against it.

Following a fax vote by its members, the World Motor Sport Council has ratified the engine regulations recently drawn up in consultation with the main stakeholders in Formula One. The new power plant will be a V6 1.6 turbo unit with energy recovery systems. This new formula will come into effect as from the start of the 2014 FIA Formula One World Championship season.