Reports from the Monaco paddock have suggested that Sebastian Vettel is considering a move away from Red Bull to join Ferrari - with some sections of the press reporting that a deal has already been agreed.

The double world champion has been linked to Ferrari in the past and was quoted in the Italian press early last year as saying that it would be his dream to one day drive for the most famous name in F1.

The Independent on Sunday has now reported that Vettel is considering a move to Ferrari for the 2014 season, having signed an option with the team 'subject to competitive form from the Prancing Horse stable for the rest of 2012'.

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Such a deal - if it were to happen - would see Vettel paired with Fernando Alonso, who is tied into his deal with Ferrari through to the end of the 2016 season.

It would also raise the question of who would partner Alonso for next season, with Felipe Massa out of contract at the end of the current campaign.

The Brazilian has endured a difficult season so far to raise further questions over his future, with one suggestion made by the Sunday Times being for Vettel's current team-mate Mark Webber to replace Massa on a one-year deal before the German is able to make the switch himself.

Questions over the future of Vettel come just days after speculation that rival Lewis Hamilton is set to be offered a pay-rise to extend his deal with McLaren [See separate story HERE].