Maurizio Arrivabene has slammed reports that technical director James Allison could be exiting the Ferrari team in favour of a move to Renault as 'lacking respect'.

Reports over the Canadian Grand Prix weekend revealed Allison was been approached by the Renault F1 team to return in a senior role as the French firm looks to shuffle its management to meet its targets of returning to winning ways by 2018.

However, with Allison having also been linked to a takeover of the top Ferrari position as the team looks to spur its fortune, Arrivabene says the speculation is 'absolutely not true'.

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"The only comment is that it is absolutely not true. James is our technical director. He went through... [a difficult period after the death of his wife], which I don't wish on anybody to go through a period like James went through.

"We are all around him and he is with us, which is the most important thing. So, talking about him in that way over the last few days, it is a lack of respect, I think. I am sorry to say so."

Allison has previously worked with the Renault team as deputy technical director and also with the Lotus team it morphed into from 2012. He joined Ferrari for a second time in 2013 after previously working with the Scuderia between 2000 and 2005.