Mercedes have withdrawn their appeal against Nico Rosberg's 10-second time penalty, which was imposed by race stewards following the conclusion of the British Grand Prix.
Rosberg encountered a gearbox issue in the closing laps of the race. In a radio call to help resolve the problem, his engineer told him to "chassis default 0-1" and to "shift through" seventh gear, otherwise they risked not finishing.
The stewards deemed that the latter part of the message breached Article 27.1 of the Sporting Regulations, which state that "a driver must drive the car alone and unaided".
Rosberg was handed a 10-second time penalty, which dropped him from second to third, elevating Red Bull's Max Verstappen, whilst closing the championship gap between him and team-mate Lewis Hamilton to just a single point.
Mercedes immediately notified the FIA that it intended to appeal Rosberg's penalty – something they are required to do before midnight or accept the penalty.
However on Monday, Mercedes confirmed it had withdrawn its "intention to appeal", accepting the "stewards' interpretation of the regulation".
"The Mercedes AMG Petronas Formula One Team today decided to withdraw its notice of intention to appeal against the decision of the Stewards of the British Grand Prix," a statement confirmed.
"We were able to prove to the Stewards that a car-stopping gearbox failure was imminent and, as such, were permitted within the rules to advise Nico of the required mode change.
"However, the advice to avoid seventh gear was considered to breach TD/016-16, and therefore Article 27.1 of the Sporting Regulations.
"The Team accepts the Stewards' interpretation of the regulation, their decision and the associated penalty."
The team added that it would push for the radio rules to be relaxed, describing them as "over-regulation".
"During the coming weeks, we will continue discussions with the relevant F1 stakeholders on the subject of the perceived over-regulation of the sport."