Toto Wolff has now joined Niki Lauda in distancing himself from speculation regarding Bernie Ecclestone's possible demise as Formula 1 supremo.

In Barcelona, following a meeting of big-wigs like Daimler's Dieter Zetsche and Fiat's Sergio Marchionne, Ecclestone confirmed that "some plotting" had taken place.

However, F1 legend and Mercedes team chairman Lauda dismissed as "bullshit" speculation he is being lined up as the potential new 'sporting' replacement for Ecclestone.

"Toto Wolff and I have a big enough job here with Mercedes, and we even own shares in the team. We are successful and everything works fine," he told Bild am Sonntag.

Now speaking to Spain's El Mundo, Wolff agrees.

Earlier, he had written off the so-called Barcelona plotting as "just another meeting on the normal business of Formula 1".

When asked if he can imagine himself in Ecclestone's role, the 44-year-old said: "I've always been an entrepreneur - I've never liked working for others.

"Therefore, I appreciate my job at Mercedes very much."

Initially a budding driver and entrepreneur, he said that entering Formula 1 in the capacity he now enjoys was something he "dreamed" about.