Renault has apologised unreservedly for its actions during the 2008 Singapore Grand Prix and said it fully accepts the verdict handed down by the FIA World Motor Sport Council.

Following a meeting of the WMSC in Paris, the FIA revealed that Renault has been handed a two-year suspended ban from F1 after the team admitted charges that Nelson Piquet had been ordered to deliberately crash his car to force a Safety Car period during the race.

That caution period allowed Fernando Alonso, who had stopped early in the race for his first pit stop, to move to the front of the field as he went on to secure the first night race victory in F1 history.

The FIA also handed down bans to Flavio Briatore and Pat Symonds - both of whom have left the team in the wake of the scandal - and Renault F1 team president Bernard Rey said the team fully accepted the verdict handed down by the governing body.

"We are very sad to find ourselves in front of the Word Motor Sport Council today," he said. "By way of background, as a result of our own enquiries, we informed the FIA last week that we would not defend the charges and we accepted our responsibilities in relation to the incident in Singapore and we immediately took appropriate action inside the team.

"Today, we fully accept the decision of the Council. We apologise unreservedly to the F1 community in relation to this unacceptable behaviour. We sincerely hope that we can soon put this matter behind us and focus constructively on the future. We will issue further information in the next few days."

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