The story

The World Motor Sport Council (WMSC) of the FIA, motor sport's governing body, has fined McLaren -- the team at the center of the "spygate" scandal -- $100m and stripped it of its constructors' championship points for the season. And McLaren faces further penalties when the WMSC reconvenes in December 2007. McLaren must submit a full technical report on its 2008 car. If the WMSC considers that its design was influenced by confidential Ferrari data, then sanctions may be imposed on the team for the 2008 season.

In an official press statement, the FIA stated: "The WMSC has stripped Vodafone McLaren Mercedes of all constructor points in the 2007 FIA Formula One World Championship and the team can score no points for the remainder of the season.

"Furthermore, the team will pay a fine equal to $100m, less the FOM [Formula One Management] income lost as a result of the points deduction. Read full article »