Toto Wolff has responded to Eddie Jordan's claims that Mercedes is likely to leave Formula 1 at the end of the 2018 season.
Jordan told Germany's Auto Bild that his impression following discussions with Mercedes' top brass in Monaco was that the German manufacturer would call it a day at the end of next season but remain with the sport as an engine supplier.
But Wolff denied the assertions in no uncertain terms.
"Monaco is a place where people like to party and it seems like somebody did a bit too much of that," Wolff said in a statement.
"The reports are completely baseless and reflect nothing more than the mischievous speculation of one individual.
"Mercedes has firm contracts for its participation in Formula 1 until the end of 2020 - and is currently in discussions about the next competitive cycle with the sport's new owners."
Want to win a trackday experience? All you have to do is subscribe to our FREE newsletter HERE
Gallery: All the pictures from Sunday in Monaco
Keep up to date with all the F1 news via Facebook and Twitter