Formula One has stepped back from the brink after world governing body the FIA opted to wait until September to punish the teams involved in the United States Grand Prix fiasco.
Seven Michelin teams were summoned to an FIA world motorsport council meeting in Paris yesterday to explain why they refused to start the race at Indianapolis, leaving only six cars in the United States Grand Prix.
The teams - Renault, McLaren, Williams, Toyota, Sauber, Red Bull and BAR - were found guilty of two charges but cleared of three allegations, including the more serious claims.
Punishment was deferred until September 14, by which time the FIA hope Michelin - who they are unable to punish directly - will act to restore Formula One's image and ease the reprisals on their teams.
That ends fears of a boycott of this weekend's French Grand Prix, while concerns over a heavy-handed FIA response, involving points deductions or bans, have also been calmed.
FIA president Max Mosley offered hope of a conciliatory solution, saying: "Personally speaking I would be very reluctant to do anything with points unless what the person had done affected their sporting performance."
However, six of the teams, minus Red Bull, were "very disappointed" with their guilty verdicts.
A statement read: "The teams explained to the world motorsport council that, in the light of the clear and written advice from Michelin that it was unsafe to race at Indianapolis on the tyres supplied by that company, the teams had no choice but to decline to race."
Michelin have already promised to do their bit in restoring Formula One's tarnished image in the United States, giving the seven teams hope of a muchreduced punishment come September.
The French company have offered to refund the fans who turned up on race day, as well as distribute another 20,000 free tickets for the 2006 event among them.
Mosley believes that move should have been made sooner but acknowledged that Michelin's efforts will help their teams.
He said: "It is a big step forward but this was one of the situations where we needed a reaction within two days, not ten days.
"Number one priority, from our point of view, was to secure compensation for the fans in the States and to make it up to the people watching on television."
The seven were found guilty of failing to arrive with proper tyres and refusing to allow their cars to race.
However, the teams were cleared of failing to inform race stewards of their intention not to race, refusing to race subject to a speed limit and combining to put on a spectacle damaging to Formula One.