Formula One news

Ferrari and McLaren close spy saga

Ferrari and McLaren have decided to formally bring a close to the spy saga controversy that tainted last year's championship.

"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," the McLaren team said in a statement.

"McLaren has also agreed to the reimbursement of Ferrari's costs and expenses relating to these matters and a concluding payment," it concluded.

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