The FIA has initiated tenders for standard brake systems and wheel rims for Formula 1 from 2021, when the sport ushers in its new regulation platform.
In a bid to reduce costs and simplify to a certain extent F1 technology, commercial rights owner Liberty Media and the FIA, along with the teams, have opted to introduce standardized parts into Grand Prix racing.
A tender was opened earlier this year to invite potential suppliers of gearboxes to participate in the procurement process.
And now F1's governing body is offering contracts for two additional components that will cover the 2021 to 2024 period.
Regarding a standardized brake system, the tender is divided into two elements - brake pads and frictions disc on one side and a brake hydraulic system on the other.
"The aim of single source supply is to retain current levels of braking performance at a much-reduced cost, while also removing the requirement for competitors to design or source their own brake hydraulics," said the FIA
"The components can be carried over between seasons, thus removing the need for costly continual performance development."
The FIA emphasized that the brake hydraulic system would "consist of front and rear brake calipers, a master cylinder and a brake-by-wire system."
Teams however would be allowed to design their own specific brake lines, hoses and reservoirs for the system.
The second tender involves 18-inch wheel rims, with the FIA specifying that there will be scope for the wheel width to change slightly for 2021, with potential suppliers expected to deliver 60 sets of wheel rims over the course of the season.
The submission date for both tenders is May 22, with the FIA awarding its contracts on June 14.