Flavio Briatore has now confirmed that he has reached an agreement with the FIA to put an end to the 2008 Singapore GP affair, but says that he has not admitted any personal guilt in relation to the incident.
The FIA issued a statement this afternoon saying that Briatore and Pat Symonds had recognised their ‘share of responsibility’ for the affair.
The Italian has since put out his own statement confirming that while he has agreed to that principle – in respect of his role of team boss at the time of the Singapore incident – he has not made any admission of personal guilt, or recognised that the original World Motor Sport Council decision against him was ‘well-founded.’
In place of the ‘lifetime ban’ that was originally imposed, Briatore has instead agreed not to have any involvement with F1 until the end of 2012.
Briatore’s statement reads as follows: “Flavio Briatore announced today that he has reached an agreement with the FIA, to put an end to the differences between the parties, caused by the events of the Singapore GP 2008
“By effect of this settlement, the FIA will withdraw its appeal against the decision rendered by the Tribunal de Grande Instance de Paris on January 5th 2010 declaring irregular the World Council’s decision issued against Mr. Flavio Briatore on September 21st 2009.
“Flavio Briatore informed the FIA of his intention not to undertake any operational role in Formula One before the end of 2012, nor in any other FIA Championship, before the end of the Racing Season 2011.
“He confirmed his acceptance to bear his share of responsibility in the Singapore events in his capacity of Managing Director of the Renault F1 Team, at the time they happened, without any admission of a personal guilt in these events and without any recognition of the fact that the decision of the World Council rendered against him would have been well-founded.
“No further comment will be made by Flavio Briatore, who wishes to put behind this matter and focus on his plans for the future.”