Although speculation had recently linked Rosberg to Kimi Raikkonen's Ferrari seat, the German has made it clear he has no intention of going anywhere any time soon.

Rosberg admitted, however, that his main focus remains on the championship battle, not on rushing to sign a new contract.

"That is not something that I have been thinking about or is even at the top of my mind," said Rosberg in Monaco.

"It hasn't been before the weekend and it isn't after the weekend, as I said – I will just repeat it.

"I am happy at Mercedes and Mercedes is pleased with me so I am sure I will be here for many more years."

The Mercedes driver endured a poor Monaco Grand Prix, finishing down in seventh place after struggling for pace during the race.

Rosberg, who had won the first four races of the season, claimed he was ready for hard races to come, but says he will bounce back in Canada next week.

"There have been [bad] days and there will be more [bad] days in the future," he said. "Racing is always about ups and downs and I was ready for the down because I had no expectation of keeping on winning every single race, that is for sure.

"It wasn't the case since Barcelona, but I was ready to have a down and navigate through it and come out the other side.

"I am still in the process of digesting, but by tomorrow I will be fully on it for Montreal and fighting there for the win again."