Adrian Newey said no to Ferrari
It emerged recently that Red Bull's highly respected car designer, who has also won titles with Williams and McLaren, had inked a new contract for the next few years.
But the 52-year-old could have moved to Ferrari, an online report by the BBC said.
"Of course, Adrian is one of the best, if not the best, in F1," confirmed Ferrari team boss Stefano Domenicali in an interview with La Gazzetta dello Sport.
"We joke a lot about the possibility but I have the impression he is happy in England and that he will stay at Red Bull," he added.
Domenicali's Red Bull counterpart Christian Horner added: "It's understandable why any team in F1 would be interested in Adrian but he is very much enjoying life at Red Bull and I'm sure he'll be here for years to come."
Newey told F1 Racing magazine earlier this year that the recent Ferrari approach was not a one-off.
"I've had offers from Ferrari in the past and I've considered them seriously. But F1 is a people sport, not a marque sport.
"Working for Ferrari just for the sake of working for Ferrari isn't something that I'm interested in," he said.
"It's flattering if people rate the work I do but that's not why I get out of bed in the morning. I do it because I enjoy the design challenge of F1," added Newey.