The tyre company could pull out at the end of next year if the governing body presses ahead with plans for a sole supplier.
The FIA said its world motor sport council had voted overwhelmingly to wipe the slate clean after examining new evidence.
'It is clear that McLaren's actions during the 2007 Monaco Grand Prix were entirely legitimate and no further action is necessary,' the FIA said on its web site.
Formula One teams will cut their costs by almost a third next year under a package of measures approved on Friday to secure the sport's future in the face of the global credit crunch. The governing International Automobile Federation (FIA) said in a statement that independent teams would see engine costs halved in 2009.
Security has been stepped up for Sunday's British Formula One Grand Prix, which will be watched by 100,000 people.
Formula One will have 12 teams this season, instead of a planned 13, after a late replacement for the USF1 entry was ruled out by the governing body on Wednesday.
Toyota will not be punished for an administrative error that led to the team competing without all the correct paperwork.
FIA president Max Mosley said congratulated tyre and engine suppliers for their efforts in slowing cars and cutting costs significantly.
Motor sport's governing body cast doubt on the future of world championship events in Australia on Saturday after legal action by Minardi at the country's Formula One Grand Prix.
Formula One approved a new scoring system on Friday with points extended to the top 10 drivers in a record-equalling 19-race 2010 season that will start and finish in the Middle East.
Former Renault team boss Flavio Briatore asked a French court to overturn his life ban from Formula One on Tuesday, saying he had been denied his right to a free and fair defence.
Britain has hosted a Grand Prix every year since the first Formula One championship race at Silverstone, a former World War Two airfield, in 1950.
Minardi and Jordan, whose future was in considerable doubt after Ford's decision to sell engine supplier Cosworth, were also included.
Formula One's governing body warned on Thursday that the sport is "becoming unsustainable" and invited teams to come up with new rules to slash costs and halve fuel consumption by 2015. Mosley said the matter is urgent, with the teams' proposals needing to be ready within three months and the FIA prepared to step in and prepare new rules for 2011 if a majority of the teams did not show agreement.
Grand Prix racing's governing body said on Wednesday it planned to revive the defunct Formula Two category as a low-cost feeder series for Formula One from 2009. Inviting tenders for the series, the International Automobile Federation (FIA) said it would be "used as an inexpensive platform to develop emerging driver talent for Formula One.
Formula One teams will no longer be allowed to run three cars at Grand Prix practice sessions from next season.
Formula One's governing body approved a proposal to switch the date of next year's Monaco Grand Prix to May 16 on Wednesday but left a question mark over the Canadian and British races.
World rally champion Sebastien Loeb will not enter the season's final Formula One Grand Prix because the International Automobile Federation did not grant him the super licence he would have needed.
Seven-times world champion Michael Schumacher could come out of retirement to drive for Ferrari next year if the FIA (International Automobile Federation) governing body allows the team to run a third car. The 40-year-old Schumacher, who retired in 2006, cancelled plans for a temporary return to the sport earlier this month because of fitness concerns.
The FIA is concerned about drivers suddenly slowing to save fuel after their final quick laps while others are still at full speed.
The International Automobile Federation wrote to all 11 teams after the race at Magny-Cours expressing concern that such devices 'may impair the forward and/or lateral vision of the driver'.
The Japanese company has been selected as Formula One's sole tyre supplier until the end of 2010.
Formula One supremo Bernie Ecclestone described abuse of Lewis Hamilton in Spain as an "isolated incident".
About 99,165 electric cars were sold in India in 2024, but electric car penetration -- share of electric car sales in total sales -- was just about 2.5 per cent.
FIA has invited tyre makers to tender for the right to become the sport's sole supplier for three years from 2008
The FIA outlined six main proposals, the first on the list being to improve the racing spectacle without introducing artificial rules.
Lewis Hamilton will have to pay $335,700 for his licence to race in Formula One in 2008.
The FIA is concerned that cars are taking corners far faster than in the past, with clear safety implications.
The qualifying will be split into two separate Saturday sessions as of next week's Bahrain Grand Prix.
Formula One teams will be granted more technical freedom if they compete with a budget cap of 40 million pounds ($59.35 million) next year, the sport's governing body said on Thursday. Three new teams will be allowed to enter, expanding the starting grid to a maximum of 26 cars or six more than at present, the International Automobile Federation (FIA) added in a statement.
The team's new owner Indian billionaire Vijay Mallya said an Indian driver is an option but not an immediate priority.
Japan's Super Aguri are expected to be confirmed as Formula One's 11th team next week.
Lewis Hamilton's hopes of securing the Formula One title in China this weekend could be scuppered by a video posted on the Internet.
McLaren accepted an unprecedented $100 million fine and loss of all their 2007 constructors' points.
McLaren may be willing to take a $100 million hit in the interests of Formula One, team boss Ron Dennis said.
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