Red Bull's Christian Horner dismisses rumored Ferrari switch

While Christian Horner admitted to being "flattered" by the reported interest of Ferrari, the Red Bull Racing team principal declared that he's content staying right where he is.

Per a report from German publication Bild earlier this week, Ferrari chairman John Elkann was entertaining thoughts of replacing Fred Vasseur as the team principal with his good friend Horner.

Horner, however, opted to nip the rumor in the bud.

"Of course, it's always flattering to be associated with other teams, but my commitment 100 percent is with Red Bull," Horner said ahead of Sunday's Spanish Grand Prix in Barcelona. "It always has been and certainly will be for the long-term.

"There's a bunch of speculation always in this business. People coming here, going there or whatever. I think people within the team know exactly what the situation is."

Horner, 51, has been at the helm of Red Bull since its inception in 2005. The Englishman's current contract runs through 2026.