A meeting of the FIA World Motor Sport Council has revealed just how much McLaren will be forced to pay as a result of it's involvement in the Formula 1 spying row.

The Mercedes-powered team was excluded from the constructors' championship and hit with a record fine of $100 million by the WMSC back in September after it was found guilty of being in possession of confidential Ferrari documents that had been passed from the Italian team's disgraced former technical manager Nigel Stepney to McLaren's chief designer Mike Coughlan.

However, at the time the penalty was handed down, the FIA confirmed that the team would 'pay a fine equal to $100m, less the FOM income lost as a result of the points' deduction' - meaning the true figure could only be calculated at the end of the season.

Had the team been able to score points for the remainder of the season, it would have finished second to Ferrari - with points having been lost at the Hungarian Grand Prix following the incident in qualifying where Fernando Alonso was deemed to have blocked Lewis Hamilton in pit-lane.

With the championship standings now decided, the FIA has confirmed that a sum of more than $50 million - more than ?24 million - will now be paid by the team, with the money being ploughed back into the sport by the governing body.

"Following the judgement of the World Motor Sport Council on 13 September, a sum in excess of $50 million will be paid in December to the FIA," a statement read. "This will be used to establish the FIA Development Fund, which will assist the work of National Sporting Authorities in promoting the development of safer motor sport worldwide, especially in countries where the motor sport infrastructure is in need of support.

"Representatives from Mercedes and Ferrari will be invited to join the Fund's board."



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