The FIA, at an extraordinary meeting of the World Motor Sport Council found that McLaren did have the Ferrari documents but there wasn’t enough evidence to impose a penalty.

In a statement, the WMSC said:

“The WMSC is satisfied that Vodafone McLaren Mercedes was in possession of confidential Ferrari information and is therefore in breach of article 151c of the International Sporting Code. However, there is insufficient evidence that this information was used in such a way as to interfere improperly with the FIA Formula One World Championship. We therefore impose no penalty.

“But if it is found in the future that the Ferrari information has been used to the detriment of the championship, we reserve the right to invite Vodafone McLaren Mercedes back in front of the WMSC where it will face the possibility of exclusion from not only the 2007 championship but also the 2008 championship.

The second part of the statement does, however, leave the door open for scrutiny and may see McLaren clarifying again if necessary. Messers Coughlan and Stepney, though, are not off the hook yet. The are facing a lengthy ban from international motorsport. With regard their fate, the FIA said:

“The WMSC will also invite Mr Stepney and Mr Coughlan to show reason why they should not be banned from international motor sport for a lengthy period and the WMSC has delegated authority to deal with this matter to the legal department of the FIA.”

This saga may seem like it’s over, but we have to say this is chapter one. There may be more to come in this drama yet!