Ross Brawn has rubbished speculation that Jenson Button has already 'agreed terms' to join McLaren next season and has confirmed that negotiations are continuing with the newly crowned F1 world champion.

Button has been locked in stalled negotiations for some weeks now with Brawn over his pay packet, two-thirds of which he voluntarily surrendered last winter in order to help the Brackley-based operation stay afloat in the wake of parent company Honda's sudden and shock withdrawal from top flight competition.

However, while The Guardian reported yesterday that the 29-year-old could officially sign for McLaren by the end of the week [see separate story CLICK HERE], Brawn believes 'his' team can still agree a deal to keep the Englishman.

Indeed despite the buy-out by Mercedes on Monday - prompting reports that German duo Nico Rosberg and Nick Heidfeld will drive for the squad in 2010, Ross insists that 'logically' Button would be unwise to jump ship.

"Negotiations [with Button] are continuing and the reports that he has already agreed terms with McLaren are not helpful. I would be amazed if that were the case," Brawn told British broadsheets newspaper, The Indepdendent.

"His best future is with our team, where he has a good group around him, and there's a lot to be said for that.

"The logical thing would be for him to stay with us, but of course logic doesn't always prevail."

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