
McLaren will pay $50million of its fine in the spy scandal to the FIA in December, it was revealed after a meeting of the World Motor Sport Council on Wednesday in Paris. The money will be used to establish a fund for promoting and developing safer motorsport worldwide.
"Following the judgement of the World Motor Sport Council on 13 September, a sum in excess of $50 million will be paid in December to the FIA," a statement from the FIA read. "This will be used to establish the FIA Development Fund, which will assist the work of National Sporting Authorities in promoting the development of safer motor sport worldwide, especially in countries where the motor sport infrastructure is in need of support."
Representatives from Mercedes and Ferrari will be invited to join the fund's board.
| McLaren news | |
|---|---|
| 23 Nov. | McLaren line-up will work, says Ecclestone |
| 22 Nov. | Vettel surprised by Button team switch |
| 20 Nov. | Button: I needed a new challenge |
| 19 Nov. | Räikkönen: No talks with Brawn |
| 19 Nov. | No early Brawn exit for Button |
| 18 Nov. | Button move a mistake, says Stewart |
| More McLaren news, Photos | |
| FIA news | |
| 25 Nov. | Recap: N.Technology court bid fails |
| 24 Nov. | Briatore verdict expected in January |
| 24 Nov. | Courts to hear Briatore case |
| 20 Nov. | FIA was using new teams, says Lola |
| 13 Nov. | 'Ban was result of secret FIA meetings' - Briatore |
| 13 Nov. | FIA against leaked 'Crashgate' data |
| , Photos | |
| 01 Dec. | ||
| 02 Dec. | ||
| 03 Dec. | ||
| full overview | ||
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