Niki Lauda has expressed his approval of Formula 1's impending change to the qualifying format for 2016.

At meetings in Geneva on Tuesday, the sport collectively agreed that every 90 seconds during qualifying this year, the slowest car should be knocked out.

"This is a good move," F1 legend and Mercedes team chairman Lauda told Speed Week, "because the fans will see more cars on the track.

"We have adopted a meaningful change that will mean no-one can afford to just stay in the box as they sometimes did. The new format is easy to implement and a good thing."

Lauda acknowledged, however, that at the Geneva meetings, little else was agreed.

"We agree that the cars for 2017 should be faster and will look aggressive, and then the engine changes come for 2018," he said.

"That will be decided in March, but I am confident we will implement everything."

The new season gets underway on March 20 in Mebourne.