I was just about to post a thread about this, with the same title when I noticed Nige had saved me the bother.
Its completely outrageous. If allowed to stand, imo it removes the right of F1 to call itself a sport, once and for all. It has sailed very close to the wind over the years in this regard, mainly involving Ferrrari being allowed to cheat their way to success, but I hoped that in the post Schumacher / Ecclestone / Mosley era it may have moved on from all that. But apparently not.
I suppose this was a naïve hope when you consider that the two men who ran the Ferrari team during the Schumacher era (Jean Todt and Ross Brawn) are now in charge of world Motorsport and F1, respectively.
Basically, when Ferrari are winning they are cheating. They don't have the ability to consistently win within the rules and never have had in the modern era.
It was obvious to everyone that they were at it during 2018 / 19, but the FIA have dragged their heels as much as possible, and then had an investigation behind closed doors and announced its too late to prove anything conclusively, one way or the other.
https://www.autosport.com/f1/news/148535/f1-teams-may-take-legal-action-over-ferrari-settlement