Former Formula 1 driver Jonathan Palmer's MotorSport Vision company has won the tender to supply and run the new Formula 2 cars.
MSV has commissioned the Williams F1 team to design the F2 car, which will be powered by a turbocharged Audi engine.
The FIA plans to revive F2 as a lower-cost Formula 1 feeder series from next year, although it is currently unclear how it would co-exist with the Bernie Ecclestone-favoured GP2 Series that currently supports grands prix.
Palmer, who won the F2 title in 1983, has had a long relationship with Audi via his Formula Palmer Audi junior single-seater series in Britain, which has now run for 11 seasons and shares many concepts with the new-style F2 plan.
The F2 car is set to start testing in November, with the championship scheduled to commence next May.
MSV will also promote the F2 championship and will operate and maintain the cars.
The FIA estimates that the budget for an F2 season should be around 200,000 euro and that the car's performance level will be somewhere between F1 and Formula 3.
“The objective is to make top-level international single-seater racing available to drivers who at present have difficulty in raising enough money to demonstrate their talent," said FIA president Max Mosley.
"Formula 1 and other major championships will benefit by being able to draw on a far larger pool of drivers, while competitors from countries which do not yet have an established motor racing structure will find it easier to make progress.
"We hope to reveal talent that might otherwise never have emerged and we look forward to seeing drivers coming into Formula 1 with Super Licences gained in Formula 2.”