Luca di Montezemolo was coy on Saturday as he played down swirling speculation about his future. The long-time Ferrari president arrived at Monza for his traditional qualifying visit amid intense ru...

Luca di Montezemolo was coy on Saturday as he played down swirling speculation about his future.

The long-time Ferrari president arrived at Monza for his traditional qualifying visit amid intense rumours that it will be his last.

Some reports suggest the charismatic Montezemolo, 67, is at loggerheads with fellow officials over policy, while others think he is poised to quit Ferrari to become the new chief of the Italian airline Alitalia.

"Alitalia?" Italian reporters quote Montezemolo as saying at Monza. "I hope to take one one of their planes tomorrow afternoon," he joked.

"The rumours about me? I have seen a great fuss in recent days, but I have found it excessive.

"I'm here to work - today, tomorrow, the next months.

"We are preparing a big event for Ferrari in Los Angeles in October, for the Paris motor show with our cars, and I gave my commitment to shareholders and to the people of Ferrari in March to stay another three years.

"If there is any news, I will be the first to tell you," Montezemolo insisted.

Meanwhile, in what looked like a photo opportunity, Montezemolo gave Ferrari's lead driver Fernando Alonso a long embrace in the Ferrari garage before qualifying.

It could have been a message to rival teams, like McLaren, who have been eyeing the Spaniard.

"He has a contract until 2016," said Montezemolo, "and wants the same thing I want: a more competitive car."

Montezemolo plays down 'excessive' rumours