The FIA announced this on Thursday in Austin. The rule had been in place since 2019, provided the pilot finished in the top ten. This extra point could not only be important for very narrow decisions, but was also controversial because of some strategic considerations.
The FIA announced ahead of the US Grand Prix in Austin that the changes to the sporting and technical regulations for 2024 and 2025 were approved by the World Motor Sport Council at a meeting in Paris and via video conference. In addition to eliminating the fastest lap point, the requirement to field a young driver during free practice will be increased from once per car per season to twice per car per season.