Ferrari have hit out at reports that Fernando Alonso is pulling in a cool €30 million, saying the "airy-fairy" figures are "utter balderdash".
Last week, the Business Book GP 2012 claimed that Alonso is topping the Formula One salary list as he brings in €30 million per season from Ferrari.
The French publication added that McLaren's Lewis Hamilton and Jenson Button both earn €16 million while Felipe Massa takes home €10 million.
Ferrari, though, insist there it not an ounce of truth to the figures.
'There's plenty of interest in Formula 1 drivers and, as usual, all sorts of airy-fairy figures are bandied about. Just arrived, but it's surely not the last is something called "Business Book GP 2012",' read the latest Horse Whisperer column.
'This August publication would have Fernando Alonso earning 30 million Euro per year, or almost the same as the two McLaren drivers put together.
'A shame then that it's another case of utter balderdash, that shows once again that those who compile these lists, usually like to quote themselves and each other, like dogs chasing their own tails, always putting Ferrari on top when it comes to money, whether it's referring to driver salaries or budgets.
'Things ain't what they used to be we are told, but, when it comes to money, the song remains the same: Ferrari spends more than anyone. A shame then that the reality is very different, as those who work in the business know only too well.'