Spy case: McLaren fined $100 million

Paris:

The McLaren Formula One team finally received their long-awaited verdict regarding the spy scandal that has rocked the sport to its foundations at a hearing at the International Automobile Federation (FIA) headquarters in Paris.

The British-based team came under investigation in July after a lengthy technical dossier on Ferrari F1 cars was found at the home of McLaren's chief designer, Mike Coughlan - who was later suspended.

McLaren were fined $100 million and were stripped of all past and future championship points in the 2007 constructors' championship after the hearing, but drivers Fernando Alonso and Lewis Hamilton escaped punishment.

McLaren team-boss Ron Dennis hosted a news conference following the hearing to reiterate the findings of the investigation and to underline the innocence of his team.