In a recent hearing held in Paris, France, WSMC finds the British Formula 1 team (McLaren) guilty as Mike Coughlan, Chief Designer of McLaren team was found out to have possession of a document that belongs to Ferrari, which is a 780-page record of the Italian team's Ferrari's 2007 race car technical data.

Here's the official statement of WMSC:
"The WMSC has stripped Vodafone McLaren Mercedes of all constructor points in the 2007 FIA Formula One World Championship and the team can score no points for the remainder of the season. Furthermore, the team will pay a fine equal to $100m, less the FOM income lost as a result of the points' deduction."

Team McLaren was shocked by the decision and said they do not deserve this kind of penalty. The team also insisted that only their designer Mike Coughlin should be responsible for the penalty because the team did not gain advantage and did not use Ferrari's technical documents. The team will indeed appeal WMSC's decision to the higher court.

Team principal of McLaren, Ron Dennis also stated: "The entire engineering team in excess of 140 people provided statements to the FIA affirming that they had never received or used the Ferrari information." While McLaren team is shocked and frustrated with the verdict, Scuderia Ferrari team celebrates with bliss flying over their heads as the Italian stable can now secure their F1 Constructor's Championship trophy.

Ferrari said: "In light of new evidence, facts and behaviour of an extremely serious nature and grossly prejudicial to the interest of the sport have been further demonstrated. Ferrari is satisfied that the truth has now emerged."