No one really knows and the official statement is quite short.
Quote:
The FIA announces that, after thorough technical investigations, it has concluded its analysis of the operation of the Scuderia Ferrari Formula 1 Power Unit and reached a settlement with the team. The specifics of the agreement will remain between the parties.
The FIA and Scuderia Ferrari have agreed to a number of technical commitments that will improve the monitoring of all Formula 1 Power Units for forthcoming championship seasons as well as assist the FIA in other regulatory duties in Formula 1 and in its research activities on carbon emissions and sustainable fuels.
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FIA released this statement at the end of the day, on a Friday, at the end of testing when teams/officials won’t be available for interviews until Aus when they’ll all be talking about the start of the new season.
So you can imagine why people are suspicious. On the other hand, if unlikely based on what we know about Leclerc’s car and fuel measurements, it is possible Ferrari had a legal loophole and will now help the FIA enforce it on other teams.
However it’s far more likely they were cheating but the FIA couldn’t prove it conclusively. To save both orgs a lot of ugly fighting they agreed to make it illegal going forward and in exchange for not pursuing any punitive action against Ferrari, they help the FIA ban it for all teams.