Renault has tonight issued the following statement:

The ING Renault F1 Team welcomes the decision of the FIA's International Court of Appeal to lift the team's suspension from the European Grand Prix.

However, the team acknowledges that sporting regulations were breached during the incident in the pit lane of the Hungarian Grand Prix, which compromised safety. The team therefore accepts that the decision of the FIA to issue a reprimand and a $50,000 fine is fair and balanced. The ING Renault F1 Team now looks forward to concentrating on preparations for racing this weekend in Valencia.

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Renault reacts to FIA decision

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