Briatore’s yacht moored in Monaco

(GMM) Although banned from working in formula one or even stepping into the paddock, Flavio Briatore is making his presence felt in Monte Carlo. With a prominent mooring alongside Vijay Mallya's Indian Empress and two other Force India-branded yachts, Briatore's huge 63-metre boat 'Force Blue' is this weekend taking pride of place alongside the grand prix circuit.

Just days ago, the sacked Renault boss refused to rule out launching a return to the sport when his renegotiated FIA ban runs out at the end of 2012.

"When I stopped in 1998, I said I would never go back. I went back in 2000. Life is never say never," he told Arabian Business while launching one of his 'Billionaire' fashion shops in Dubai last weekend.

Briatore, 60, recently ruled out returning to F1 as a team boss.

"I have open eyes. I still have all my friends in formula one — my best friend is in (F1), Bernie. I still have all my drivers and my management in formula one. But I'm not looking for a job," he insisted.