Jun.21 (GMM) Mercedes on Friday said it will not appeal the international tribunal's verdict, therefore closing the 'test-gate' scandal.
It had the right to appeal within 7 days.
But in a media statement, Mercedes described the penalties as "proportionate".
"(The tribunal) confirmed that the team acted in good faith regarding the Pirelli tests, never intended to obtain any unfair sporting advantage and had no reason to believe that approval ... had not been given," it read.
Mercedes said it will not appeal "in the best interests of the sport".