The so-called ‘crashgate’ scandal is finally over.

F1’s governing body on Monday announced that, after talks with Singapore race-fixing conspirators Flavio Briatore and Pat Symonds, a settlement has been reached.

Briatore and Symonds were banned from motor racing by the FIA’s World Motor Sport Council for ordering Nelson Piquet Jr to crash during the 2008 Singapore GP, but the former Renault chiefs won an appeal against the decision in the French courts.

The FIA’s appeal against that decision was pending.

But it was announced on Monday that the duo have now “expressed their regrets and presented their apologies to the FIA”.

In return, the Paris-based Federation has dropped its legal action, and Briatore and Symonds have agreed to “abstain from having any operational role in formula one until 31 December 2012″.
(GMM)

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