Renault Accepts Two Year Suspended Ban

The Renault team has said that it has accepted the FIA’s decision to slap the team with a two-year suspended ban, having been found guilty of race-fixing, of the 2008 Singapore Grand Prix.

The two-year suspended ban means that any mistake by the team in the near future will result in an automatic two year suspension.

After the hearing, Renault F1 president Bernard Rey, spoke to reporters out the Place de la Concorde.

“We are very sad to find ourselves in front of the Word Motor Sport Council today,” he said. “By way of background, as a result of our own enquiries, we informed the FIA last week that we would not defend the charges and we accepted our responsibilities in relation to the incident in Singapore and we immediately took appropriate action inside the team.

“Today, we fully accept the decision of the Council. We apologise unreservedly to the F1 community in relation to this unacceptable behaviour. We sincerely hope that we can soon put this matter behind us and focus constructively on the future. We will issue further information in the next few days.”