Ferrari becomes final F1 team to withdraw appeal against Racing Point

Ferrari has become the final team to withdraw its appeal against Racing Point’s illegal Formula 1 brake ducts.

Ferrari decided to appeal against Racing Point as it felt the stewards’ decision to give it a  €400,000 fine and a 15 points deduction in the constructors’ championship was too light.

Racing Point was handed the aforementioned penalty after it was deemed to have copied Mercedes’ 2019 brake ducts.

The Silverstone-based outfit had appealed the penalty, but earlier today it also withdrew its own appeal.

Ferrari remained the only team to have maintained its stance against Racing Point with team boss Mattia Binotto remaining “fully convinced” that Racing Point is in the wrong, but it has now withdrawn its appeal meaning this row has come to a close.

A statement from Ferrari read: “Scuderia Ferrari Mission Winnow announces that it has notified the International Court of Appeal of its decision to withdraw the appeal filed with the Case ICA-2020-01-02-03-04.

“In recent weeks, the collaboration between FIA, Formula 1 and the teams has produced a series of acts - amendments to the 2021 Technical and Sporting Regulations, approved by the F1 Commission and the FIA World Motor Sport Council, and Technical Directives - which clarify the responsibilities of each Championship participant in the design of the components of a single-seater and implement specific monitoring procedures to ensure that both the letter and the spirit of the Regulations are fully respected.

“Scuderia Ferrari expresses its appreciation for the timeliness with which the FIA and Formula 1 have effectively tackled a fundamental aspect of the DNA of this highly competitive sport.”