It has emerged that Sebastien Bourdais will not issue legal proceedings against his former employer, Scuderia Toro Rosso.
The 30-year old Frenchman, was replaced after the German Grand Prix by youngster, Jaime Alguersuari, after a lacklustre 2009 campaign.
In the aftermath of his redundancy, Bourdais had issued a statement claiming that he had contacted his lawyers and would be pursuing legal action against the Red Bull-owned team.
However, speaking to French sports daily L’Equipe, Bourdais’s manager, Nicholas Todt, revealed that that an amicable agreement was reached with Toro Rosso shortly after the Grand Prix in Germany.
“One week after the German Grand Prix, we reached an out-of-court settlement with the team.” said Todt.
“They knew it (Bourdais’ ousting) would not stand up in court.”