The ver🌼y public Formula 1 spy row that engulfed the sport in 2007 has finally come to a close, with McLaren announcing that they will pay the legal costs of arch-rivals Ferrari after the matt꧅er was settled in front of the FIA World Motor Sport Council last September.

A statement released today by the Woking-based outfit r𓆏eads:

'In light of the formal closure in December 2007 of the FIA and FIA World Motor Sport Council pr⭕oceedings against McLaren, and of McLaren's public apology to Ferrari which we have reiterated, Ferrari and McLaren have agreed to bring the various disputes between them in relation to thiꦉs matter to a final conclusion.

'McLaren has also agreed to the reimbursement ▨of Ferrari's costs and expenses relating to th𓃲ese matters and a concluding payment.'

A subsequent response from Maranello read:

'Ferraꦺri acknowledges McLaren's reiterated apology for the well-known events which occurred during the 2007 F1 Championship and, in the best interests of Formula 1 and taking into account the formal closure in December 2007 of the FIA and FIA World Motor Sport Council proceedings against McLaren, it confirms that it has accepted to put an end to all outstanding controversies🥃 between the two teams.

'Ferrari will do𒉰nate to charity the concluding payment receཧived from McLaren.

'Ferrari will pursue its claims against Nigel Stepney in connectio𓆉n with the matter.'