Renault will race in the European Grand Prix this weekend after the FIA Court of Appeal overturned the team's one-race suspension today.
The team claimed at today's hearing in Paris that there was no conscious wrongdoing when Fernando Alonso was released from his first pit stop in the Hungarian Grand Prix before his right-front wheel was properly attached.
It also argued that the only people who knew about the error were the mechanics working on that wheel, and that they were unable to inform any team personnel on the pit wall to warn Alonso before the wheel detached.
Renault admitted in the hearing that it had breached the regulations in releasing Alonso when it was unsafe to do so, but requested that the severity of the punishment be reconsidered.
The court decided to uphold Renault's appeal against the one-race ban imposed by the race stewards, and instead issued a reprimand and imposed a $50,000 fine.
An FIA statement added that the full reasons for the decision will be released in the coming days.