Renault statement following Court decision

The FIA Court of Appeal have allowed the appeal filed by Renault after the stewards at the Hungarian Grand Prix had imposed a one-race ban on the team. They claimed the team released Alonso, knowing that a wheel was not fastened securely.

The statement of the team read: "The ING Renault F1 Team welcomes the decision of the FIA’s International Court of Appeal to lift the team’s suspension from the European Grand Prix. However, the team acknowledges that sporting regulations were breached during the incident in the pit lane of the Hungarian Grand Prix, which compromised safety. The team therefore accepts that the decision of the FIA to issue a reprimand and a $50,000 fine is fair and balanced. The ING Renault F1 Team now looks forward to concentrating on preparations for racing this weekend in Valencia."