Renault Crashgate Statement

Renault issued the following statement:

Following the decision of the World Motor Sport Council concerning the 2008 Singapore Grand Prix, Renault F1 Team president Bernard Rey issued the following statement to the media gathered in Paris:

"We are very sad to find ourselves in front of the Word Motor Sport Council today.

"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 apologize unreservedly to the F1 community in relation to this unacceptable behavior. 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."