Ford has announced the 2015 Formula Ford will be built to comply with FIA Formula 4 regulations and guidelines.

Ford has announced the 2015 Formula Ford will be built to comply with FIA Formula 4 regulations and guidelines. As part of the change, Ford will develop a new racing series to "fulfill the FIA’s vision for a clearer path for young drivers looking to progress to Formula 1."

In order to comply with the regulations, the car will ride on a new carbon fiber monocoque chassis that meets FIA F3 safety standards. The mode will also feature a 1.6-liter EcoBoost engine, a semi-automatic paddle shift gearbox and racing slicks.

According to Ford Racing Europe boss Gerard Quinn, "We are very pleased that many months of work has brought us to the point today where we can announce our plans for the long-term future of Formula Ford. We have worked closely with the MSA and the FIA, and in particular with the FIA’s Single Seat Commission President Gerhard Berger, to bring the project to fruition." He went on to say "Over its 47-year history, Formula Ford has made a massive contribution to motorsport and we are delighted that it will continue to be at the forefront of young driver development.”

The 2015 Formula Ford will begin testing later this summer and a rolling chassis - with a data-logging system and a paddle-shift gear box - is expected to cost about €38,000 ($51,656 / £30,370).

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