London - Ferrari will not formally appeal the penalty that cost Sebastian Vettel victory in the Canadian Grand Prix, the team said on Thursday, but could still seek a review of the decision by presenting fresh evidence.
The deadline for the Formula One team to lodge a formal protest was Thursday evening, 96 hours after the end of the race in Montreal.
"We have withdrawn our intention to appeal and are evaluating the right of review," a Ferrari spokeswoman said.
The team had said on Sunday they intended to appeal after stewards handed Vettel a five-second penalty for going off track and returning in what they deemed to be an unsafe fashion.
Vettel had led from start to finish but lost out to Mercedes' championship leader Lewis Hamilton after the penalty was added on to the German's time at the chequered flag.