Motorsport's ruling body announced a raft of new measures Friday to help cut the cost of competing in Formula One.

The FIA reached the deal with F1 teams during crisis talks with F1 teams in Monaco Wednesday in the wake of Honda's shock withdrawal from the sport last Friday.

Under the deal, engine life will be doubled with each driver only allowed to use a total of eight engines in the 2009 season while the cost of engines to independent teams will be approximately 50 per cent of 2008 prices.

FIA president Max Mosley had pushed for a standardised Cosworth engine for all teams but this was rejected in favour of the lower- cost, longer-lasting engine model with each team having 20 engines per season, four of which will be used in testing.

No in-season testing will be permitted except on race weekends during scheduled practice while manpower is to be reduced by means of a number of measures, including sharing information on tyres and fuel to eliminate the need for "spotters".

The FIA estimates that the changes for 2009 will save the manufacturer teams approximately 30 per cent of their budgets compared to 2008, while "the savings for independent teams will be even greater."

Engines will be available to the independent teams for less than 5 million euros (6.6 million dollars) per team per season.

"These proposed changes have the unanimous agreement of the Formula One teams, who have played a major role in their development," said the FIA in a statement.

The FIA also announced that from 2010 there will be a ban on refuelling and, subject to market research, Grand Prix distances could be shortened.

  F1 supremo Bernie Ecclestone's suggestion to substitute gold, silver and bronze medals for the drivers instead of points, will also be made subject to market research.

FIA singled out the work of Ferrari president Luca di Montezemolo, chairman of the Formula One Teams' Association (FOTA), in helping secure the agreement.

Di Montezemolo said Thursday ahead of the release of the details that "the answer we could find was beyond all our expectations."

"There is a common sense of the difficult moment of our sport. Yesterday we could see the great responsibility of all the participants," said Montezemolo.