Flavio Briatore has said that he wants to put the 'crash-gate' saga firmly in the past and look ahead, after the FIA drew a veil over the matter by reducing his ban from Formula One.

The Italian, along with former Renault F1 colleague Pat Symonds, reached a settlement with the governing body that saw his life ban reduced to one that expires at the end of the 2012 season, and hopes that the resolution can put an end to the differences between the parties that were caused by the events of the 2008 Singapore GP, in which is alleged that Briatore and Symonds ordered Nelson Piquet Jr to crash and force a safety car intervention.

The effect of the settlement sees the FIA withdraw its appeal against the decision handed down by the Tribunal de Grande Instance de Paris on 5 January 2010 that said that the World Motor Sport Council's initial ruling in the matter - resulting in the bans for Briatore and Symonds - had been 'irregular'. In return, Briatore has agreed not to undertake any operational role in F1 before the end of 2012, nor in any other FIA Championship before the end of the 2011 race season.

In an official statement issued by his office, Briatore 'confirmed his acceptance to bear his share of responsibility in the Singapore events in his capacity of managing director of the Renault F1 Team at the time they happened, without any admission of personal guilt in these events and without any recognition of the fact that the decision of the World Council rendered against him would have been well-founded'.

No further comment will be made on the matter by Briatore, who wishes to put the matter behind him and focus on his plans for the future. How that will pan out now largely depends on the legal action being prepared against the Italian by the Piquet family, who claim to have been falsely accused of both giving false evidence to the FIA and blackmailing the team.