The Automobile Club de l’Ouest (ACO) announced Monday the creation of a new prototype category, LMP3, that’s set to launch in 2015. (Photo: Sora Composites)

The Automobile Club de l’Ouest (ACO) announced Monday the creation of a new prototype category, , that’s set to launch in 2015. (Photo: Sora Composites)

The Automobile Club de l’Ouest (ACO) announced Monday the creation of a new prototype category, LMP3, that’s set to launch in 2015.

Aimed to provide teams with a low-cost, turn-key prototype, the new class, which replaces the spec LMPC category, will be seen in the European and .

Prototype Challenge, however, will continue in the , while there are no current plans to make the category eligible for the 24 Hours of Le Mans.

The new LMP3 platform will encourage multiple chassis manufacturers, although limited to a spec powertrain and single tire manufacturer to help contain costs. A turn-key car must sell for no more than $202,000 (150,000 Euros).

“The technical regulations will also implement the lowest possible running costs thanks to a capped price of spare parts, the use of a single engine-gearbox power train per season and a limited number of particularly hard-wearing tires,” a statement from the ACO read.

While the exact specifications of the platform have yet to be defined by the ACO, the sanctioning body will allow current carbon-chassied FIA CN-homologated to compete as LMP3s in the Asian LMS for 2014-15.

However, FIA CN cars will not be allowed in the , when the category formally launches in 2015.

A number of manufacturers have recently announced projects around the FIA CN2 platform, including ORECA and Sora Composites (pictured), which revealed plans of building the Pescarolo 02 Coupe.