Formula 1 - Press release
Maranello, 11 July 2008
Ferrari acknowledges McLaren's reiterated apology for the well known events which occurred during the 2007 F1 Championship and, in the best interests of Formula 1 and taking into account the formal closure in December 2007 of the FIA and FIA World Motor Sport Council proceedings against McLaren, it confirms that it has accepted to put an end to all outstanding controversies between the two teams. Ferrari will donate to charity the concluding payment received from McLaren.
Ferrari will pursue its claims against Nigel Stepney in connection with the matter.
Ferrari acknowledges McLaren's reiterated apology for the well known events which occurred during the 2007 F1 Championship and, in the best interests of Formula 1 and taking into account the formal closure in December 2007 of the FIA and FIA World Motor Sport Council proceedings against McLaren, it confirms that it has accepted to put an end to all outstanding controversies between the two teams. Ferrari will donate to charity the concluding payment received from McLaren.
Ferrari will pursue its claims against Nigel Stepney in connection with the matter.
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