FIA president Jean Todt has warned that Formula One must dramatically change if it is to survive.
Outlining his vision for F1's future, Todt said that F1 must adapt to reflect the real world concerns of the public.
"We need to cut costs, improve the show and draw investors," said Todt. "F1 must understand that the world has changed. How can you explain that an F1 car needs 80 litres of fuel to cover 100 kilometres?
"I don't like the cost cap; we must get to a reduction through clear rules, for example with a single aerodynamic package for the entire year. Will the cars slide more in Monte Carlo? [Perhaps, but] then the quality of the drivers will be heightened.
"It's not acceptable to have given up with KERS. The teams complain that it costs too much? Then they must find the way to save money. The teams are sensitive when we talk about lap times, less sensitive when the environment is discussed."
Todt also confirmed that new teams can miss the first three races of the season. Both Campos Meta and Team US F1 are reported to be struggling to be ready for the season opener in Bahrain on 14 March.