Red Bull team principal Christian Horner has described as "total rubbish" reports that he could be sacked.
It was suggested at the Austrian Grand Prix that Horner, who led Red Bull to four consecutive drivers' and constructors' championships between 2010-2013, could be shown the exit door following the team's troubled start to the season.
Daniil Kvyat's fourth-placed finish in Monaco represents Red Bull's best result this season, while he and teammate Daniel Ricciardo limped to an embarrassing 12th and 10th respectively at the team's home race in Spielberg last Sunday.
"Unfortunately in Formula One there are always rumours, and this is total rubbish," Horner said on reports he is set to leave the team.
"I'm fully committed to Red Bull and I love what I do. We're working hard and my focus is trying to get the team back to where we were 18 months ago."
Dietrich Mateschitz, the team's millionaire owner, has been outspoken in his criticism of F1 this season, and he has threatened to pull his team out of the sport. But Horner insists Red Bull's focus remains in F1.
"The situation is quite clear - Dietrich Mateschitz made some comments over the weekend and it's exactly how he feels", Horner added.
"He is frustrated and he is frustrated with the show. He is a fan as well and as a fan he has put a huge amount of investment into the sport over the last few years and he wants to see the sport go back to its glory days and see it have the same appeal and attraction that Formula One has previously enjoyed.
"At the moment we're in a difficult position and hopefully we can turn that around. The intention is to be here and to sort out the issues in the sport and our own competitiveness."
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