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Rossi says no to Formula One

MotoGP champion Valentino Rossi has ruled out driving in Formula One in the near future, ending months of speculation about his plans

The Italian rider, who has been linked with a move to F1 with the Ferrari team, was thankful to the Italian squad for the opportunity to get behind the wheel of their car several times.

Rossi, however, said he still has unfinished business in in MotoGP.

"No F1, at least for now. I'm staying in motorbikes," Rossi said in a statement to the Italian press. "It's been a wonderful experience from a technical point of view, and especially from a personal one: I was able to meet some exceptional people.

"I thank (Ferrari president Luca di) Montezemolo, (team boss Jean) Todt and the entire team for the great opportunity I was given.

"I feel that my work in motorbikes hasn't finished yet: I still have many stimuli and I will carry on in MotoGP for a while longer. I wish Ferrari will reach the objective they've set for themselves and which coincides with mine: to win the world title."

The 27-year-old has a contract with Yamaha until the end of the season.

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