Following the accident of Michael Schumacher at the British Grand Prix, Ferrari are conducting a full and urgent investigation.

What has been established so far, is that the accident was caused by a sudden loss of pressure in the rear brake circuit. This was due to the loosening of a brake bleed nipple (a loose screw) on the left rear caliper. The reason for this loosening of the nipple has not yet been established.

This component had been checked as part of the Saturday evening race preparation and there had been no subsequent servicing of that part. The data shows no problem either in the warm up or indeed in the braking manoeuvres for the first half lap of the race.

Ferrari will continue to try to establish the reasons for this failure.