McLaren and Ferrari end spy row




Ferrari and McLaren have agreed to end their dispute over the spy scandal which rocked the sport in 2007.
McLaren were fined £49.2m by the FIA after being found in possession of Ferrari data and were also stripped of all their constructors' points.
Ferrari legal action against McLaren has now been dropped as they accepted McLaren's "reiterated apology".
But Ferrari will continue legal action against ex-employee Nigel Stepney who is accused of passing on the data.
Stepney is alleged to have handed over the information to McLaren's former chief designer Mike Coughlan. Stepney denies any wrongdoing.
McLaren later issued a public apology to Ferrari. However the Italian team looked to pursue their rivals through the courts.
But via statements released by the two teams closure has been agreed in an attempt to allow both parties and the sport of Formula One to move on.
A McLaren statement read: "In light of the formal closure in December 2007 of the FIA and FIA World Motor Sport Council proceedings against McLaren and of McLaren's public apology to Ferrari which we have reiterated Ferrari and McLaren have agreed to bring the various disputes between them in relation to this matter to a final conclusion.

"McLaren has also agreed to the reimbursement of Ferrari's costs and expenses relating to these matters and a concluding payment."
Ferrari's response said: "Ferrari acknowledges McLaren's reiterated apology for the well-known events which occurred during the 2007 F1 Championship. "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."