Ferrari chairman John Elkann on Saturday issued a statement of support for team boss Fred Vasseur in a bid to end speculation about his future.

Italian news media have speculated that Ferrari are interested in offering former Red Bull boss Christian Horner, dismissed in July after two decades of success, a return to Formula One.

Elkann said: "I want to express our full confidence in our Team Principal, Fred Vasseur, and in the work he is carrying out together with all our colleagues at Scuderia Ferrari –- the mechanics, engineers, and drivers competing this weekend in Austin.

"I also want to reaffirm the importance of team-work by everyone to maintain focus on the only goal that matters: always giving our very best on the track."

His statement came just two days after Ferrari's drivers

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