The German weekly Sport Bild said the Wolfsburg based carmaker giant was planning to enter F1 with Sauber, or even considering getting involved in chassis design at its state of the art Porsche Motorsport Centre in Weissach.
The report said the FIA was aware of VW's plans.
But the marque's marketing and communications boss Stefan Moser said: "Nothing has changed since our last statement.
"We are continuing to focus on the WRC. Entering Formula One is not an issue for us right now," he told Germany's motorsport-magazin.com.