GP2’s boss Bruno Michel said he is open to the possibility of the series becoming the FIA's new Formula 2 class.
Stefano Domenicali, former boss of Ferrari F1 and now president of the FIA Single Seater Commission said he wanted to have the new concept of the F2 series ready within the next two months.
The current GP2 series could fit the requirements of the tender process.
Talking to Autosport magazine, Bruno Michel said: “Depending on the details of the tender, we might look at it and could be interested”.
"It could make sense and we need to see exactly what would be the tender regulations and the way it would work but it's definitely something we would look at.
"If our objectives go together, there is no reason not to do it but at the moment, we don't know."
Michel put the emphasis that one of the key factors would be whether the FIA's plans align with GP2's desire to keep costs under control.
“We don't want to have to impose regulations that would cost a fortune to the teams, that's one of our objectives and we are clear on that,” Bruno Michel declared.
GP2 is scheduled to introduce a new car and engine package in 2017, which could potentially tie in with the launch of the FIA F2 initiative.