F1 media reports suggesting that new Ferrari signing Fernando Alonso will be receiving a lesser pay packet than his predecessor Kimi Raikkonen when he moves from Renault to the Scuderia in 2010 have been rubbished by his new employers.

It has been speculated in Alonso's Spanish homeland that the Oviedo native will receive a salary in the region of EUR25 million a year for each of the next three seasons - a lower figure than Raikkonen has been paid since he joined the Maranello-based outfit back in 2007. It has also been stated that a staggering EUR45 million was required in order to buy the Finn out of his pre-existing contract for 2010 - part of which will be picked up by new sponsor Santander.

"The numbers talked about have absolutely nothing to do with reality," affirmed Ferrari's official website. "It's easy to write numbers, forgetting that the world has changed recently. At Ferrari, a lot of calculating is done and attention is not only paid to the costs of the operational structure, but also as far as the drivers are concerned."

It has been reported that Alonso's deal contains an option for a further three years should both parties so desire, whilst further claims that the 28-year-old will take with him some of his most trusted engineers from Renault were also bluntly rebuffed.

"It's quite funny reading about the arrival of technicians, as if there weren't any professionals in Maranello able to plan and manage victorious single-seaters and drivers," retorted Ferrari.