Ferrari President Luca di Montezemolo has rubbished rumours that Fernando Alonso wants $50 million a year or he will walk away from Ferrari.
In the midst of yet another disappointing season for the Scuderia, rumours about Alonso's future are running rampant.
According to some the double World Champion will leave Ferrari at the end of this season to return to McLaren while others state he has given the team's an ultimatum - $50 million a year or he is leaving.
The Spaniard, who has thrice finished runner-up in the Championship while racing for Ferrari, has already denied the rumours while di Montezemolo has now added his voice.
"We are lucky to have two great champions, who are working with the whole team to get back to being competitive again," he told Ferrari's website.
"Of course, as is the case every summer, there is unfounded gossip about alleged problems with senseless rumours bandied about, such as the ones relating to Alonso's contract or those of drivers' salaries.
"We know that the summer heat always produces silly stories.
"Our drivers must now relax in order to return in top form. The season is still long and we need Fernando and Kimi to be in great shape."
The Italian also confirmed reports that Kimi Raikkonen and girlfriend Minttu Virtanen are expecting their first child.
He said: "On the subject of Kimi, I wish him all the best as he is soon to become a dad."
And on the 26th anniversary of the death of Enzo Ferrari, di Montezemolo said he believed Enzo would approve of the changes and direction in which the Italian outfit is moving.
He added: "We are making in-depth changes on both the organisational side, in our approach and culture. We have taken important decisions and have made significant progress, even if, at the moment, the results of all this work are not always visible.
"The aim is to get back to being as competitive as we were before in the shortest possible time, while at the same time putting everything in place so that we can embark on another winning cycle.
"As for our sport in general, we are pleased to see that all the major players share the views we first put forward regarding the need to revamp Formula 1.
"We have proposals aimed specifically at improving the show, starting with more straightforward regulations, which put the spectators first, especially the younger generation."