Briatore has no plans to return for F1

Flavio Briatore

Former Renault boss Flavio Briatore insists he has no plans to return to Formula One.

The controversial Italian exited the sport in the wake of the 'crash-gate' scandal and was initially handed a lifetime ban by the FIA, but after having the ban overturned Briatore has constantly been linked with various positions in F1.

The latest rumors have suggested that Briatore would become the boss of F1's new tire sponsor, Pirelli. However, when asked by the official Formula One website about the situation he brushed off such notions.

"That's b*llsh*t!" he laughed.

"But who cares about tires? Whether they are Pirelli or Bridgestone. What people want to hear about are stories about the drivers, stories about Ferrari. That is what the people want," he added.

When quizzed about a possible return to Formula One in any capacity the 60-year-old conceded that he didn't feel he would be involved in the sport again.

"I have won seven titles with different teams. I want to have fun with what I'm doing – that is my motivation and not the need for a job," he explained.

"At the moment I wouldn't have fun in Formula One. At the moment I am happy with what I am doing – being a dad, husband, and taking care of my investments," Briatore added. Planet F1