Jun.6 (GMM) Ferrari has denied claims it pays Fernando Alonso a cool EUR 30 million per season.
A French publication called Business Book GP 2012 had claimed the Spaniard is easily F1's highest paid driver, with earnings almost equal to McLaren's drivers put together.
"A shame then that it's another case of utter balderdash," Ferrari's anonymous website reporter known as The Horse Whisperer said.
The columnist said Ferrari is "always put on top" in money matters, but "the reality is very different".
The famous Italian team has also rejected the latest round of speculation about the identity of Alonso's 2013 teammate.
When asked if the struggling Felipe Massa will be replaced, president Luca di Montezemolo told CNN: "In this moment my concentration is everywhere except the drivers.
"It's too early in the season and we will see after that."
Montezemolo said he was pleased to see the Brazilian perform strongly in Monaco recently, but also indicated Massa's place in the Ferrari hierarchy is clear.
"I count on him to take off points for Fernando's competitors," he said.