Lewis Hamilton's management team are denying suggestions that the 27-year-old is poised to sign a deal with Mercedes.
Former team principal and current BBC F1 analyst Eddie Jordan has fuelled rumours by claiming he believes "Hamilton and Mercedes have already agreed personal terms and a deal could be imminent".
Such comments, however, have been comprehensively dismissed as a McLaren spokesperson informed Press Association Sport: "We have been told by Lewis Hamilton's management team (XIX Entertainment) the story is untrue."
In addition, a spokesperson for XIX has insisted Hamilton is more on the brink of re-signing with McLaren than moving elsewhere.
The spokesperson told Press Association Sport: "As mentioned in the past by all parties, we are in advanced discussions with McLaren about a new deal.
"More importantly, at the moment, Lewis is focused on Monza (this weekend's Italian Grand Prix) and competing strongly for the championship."