The LM P2 category is aimed at private teams, independent from manufacturers and/or engine suppliers. It responds to technical regulations and a strict limit on costs, defined by the FIA and the Automobile Club de l'Ouest. Close to the LM P1 on the technological side, namely with the carbon monocoque chassis, the LM P2 cars have less powerful engines.
Since 2017, a new regulation has been put into place with only four manufacturers chosen for the obligatorily closed chassis – Onroak Automotive, Oreca, Dallara and Riley Tech/Multimatic – and a unique engine supplier, Gibson Technology.
Meanwhile, the LM P2 of the previous generation will still be allowed to run.