Formula One teams released a joint statement on Wednesday to express their anger at the FIA having reached a confidential financial settlement with Scuderia Ferrari relating to the legality of their 2019 engine.
Ths statement read:
We, the undersigned teams, were surprised and shocked by the FIA’s statement of Friday 28 February regarding the conclusion of its investigation into the Scuderia Ferrari Formula 1 Power Unit.
An international sporting regulator has the responsibility to act with the highest standards of governance, integrity and transparency.
After months of investigations that were undertaken by the FIA only following queries raised by other teams, we strongly object to the FIA reaching a confidential settlement agreement with Ferrari to conclude this matter.
Therefore, we hereby state publicly our shared commitment to pursue full and proper disclosure in this matter, to ensure that our sport treats all competitors fairly and equally. We do so on behalf of the fans, the participants and the stakeholders of Formula One.
In addition, we reserve our rights to seek legal redress, within the FIA’s due process and before the competent courts.
McLaren Racing Limited
Mercedes-Benz Grand Prix Limited
Racing Point UK Limited
Red Bull Racing Limited
Renault Sport Racing Limited
Scuderia Alpha Tauri S.p.A.
Williams Grand Prix Engineering Limited