In spite of rumors of a rival team bidding for his services, Mercedes tech boss Paddy doesn't see any relevant reason to leave the Brackley squad.
Lowe's future has been the subject of speculation in the past couple of months, fueled by revelations that discussions linked to an extension of his contract were put on hold by Mercedes management, as well as by the existence of an interest in his services by another potential employer.
Apparently, Lowe and Mercedes boss Toto Wolff voluntarily put contract discussions on the back burner in order not to distract from the team's end-of-season efforts to secure a third consecutive Constructors title.
Lowe confirmed the explanation at last Sunday's Autosport Awards, and admitted he could not presently foresee any reason for changing employers.
"I’ve been with Mercedes for 22 years now, either working for them or with them, so I have got no reason to see why that should change, it is going very well," he said.
"Toto and I had a discussion that, let’s wait until the end of the season and get that out of the way, and we will take it from there."
The question of Lowe's salary, or rather its increase, could be a bone of contention between the 53-year-old engineer and Mercedes management, and one which may have encouraged Lowe to consider a rival offer.
While Ferrari was initially believed to be the most obvious team to up the bid, it is alleged that the Scuderia is not interested. With McLaren publicly ruling out rehiring its former engineer, pundits are pointing towards Williams - the team where Lowe started his F1 career - as the most likely candidate courting the Brit's services.
In the end however, it is likely that Mercedes will put an end to the speculation and secure Lowe's future with a new multi-year lucrative contract.
INTERVIEW: Stoffel Vandoorne: The long wait is over
TECHNICAL: Under the skin of the Force India VJM09
FEATURE: Nico Rosberg in numbers
Mercedes: The candidates to replace Rosberg
From the cockpit: Felipe Nasr on his second set in F1
Keep up to date with all the F1 news via Facebook and Twitter
