The Dutchman had been summoned to see the stewards at the Red Bull Ring for holding up Kevin Magnussen in Q1.
The Red Bull driver had secured pole position during a frenetic qualifying which was overshadowed by a spate of track limit penalties.
But nearly two hours after the chequered flag, the FIA stewards announced that Verstappen was under investigation for an incident with the Haas driver.
However after looking into the matter, and speaking to both drivers, the stewards decided that no further action was necessary.
It was felt that Verstappen had done as much as he could to get out of the way, while Magnussen’s run through Turn 1 had been far from ideal.
In a short statement, the stewards said: “The driver of Car 1 stated that he saw a car approaching after he crossed the line at the end of his push lap and moved to the left of the track after the exit of Turn 1.
“The driver of Car 20 [Magnussen] stated that he had to move to the right to avoid Car 1 and hence lost time on his fast lap.
“The Stewards determined from the video (and audio) evidence that Car 20 had clipped the kerb in Turn 1 and that this subsequently caused a slight change in acceleration which in turn resulted in a slightly slower time on the next mini sectors.
Source: Autosport