Michael Schumacher's manager has denied rumours the German pledged to replace Felipe Massa in exchange for a new 5m euros per year contract to retain his Ferrari advisory role.

Michael Schumacher's manager has denied rumours the German pledged to replace Felipe Massa in exchange for a new 5m euros per year contract to retain his Ferrari advisory role.

"No. We haven't spoken about that yet," Willi Weber told the Bild Zeitung newspaper.

It has been rumoured that Schumacher agreed to not be paid for his driving so long as Ferrari renewed the consultancy role, but also that the seven time world champion may be receiving a multi-million euro sum per grand prix he substitutes for the injured Massa.

"In all honestly, we haven't spoken about money and nor will we do so in the coming weeks," Weber insists. "At the moment that's not important."

However, when reminded that a driver managed by Weber has never in the past raced for free, the 67-year-old answered: "And the same is true for the future as well."