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The two-year-old Stepneygate saga – long and complex enough to rival any of the Icelandic sagas – is finally over. A court in Modena, Italy has smacked four McLaren employees with six-figure fines: senior engineers Rod Taylor, Jonathan Neale, and Paddy Lowe are on the hook for €150,000 each (around $190,000 USD); chief designer Mike Coughlan got hit with a €180,000 fine (nearly $230,000).

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Wired has posted a lengthy and thorough dissection of what really happened in last year's Stepneygate F1 scandal. The affair turned Ferrari an even more scarlet red, sucked $100,000,000 from McLaren's bank account and eliminated the team from the constructor's championship, ended the F1 careers of two F1 honchos, and possibly ended Ron Dennis' marriage.

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Remember the case of the former Ferrari Formula 1 tech who shared his company's secrets with rival McLaren-Mercedes? The FIA has announced that it has concluded its investigation into that matter and Team McLaren-Mercedes will not be penalized. Formula 1's governing body held an "extraordinary meeting" of the FIA World Motor Sport Council in Paris today and found that although McLaren did in fact have possession of confidential Ferrari material, there was 'insufficient evidence that it had been

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