HERE WE go again.

Outgoing Ferrari President Luca di Montezemolo has openly said he wants nine-time motorcycle World Champion Valentino Rossi in a third F1 car in 2011.

Speaking in Milan, Montezemolo said thinks Rossi has made his mark in motorcycling and now must take up the challenge of F1:

"We want a third car and I would do everything to have Valentino," said the Italian. "When he wins this year's MotoGP, enough is enough, he must also win in Formula One."

Rossi tested for Ferrari a few months ago, posting a lap time just outside Kimi Raikkonen's 2008 best at the Circuit de Catalunya. Despite wowing the F1 team with his scintillating performance, Rossi has said he has no realistic chance of a future in F1, as he deems himself too old. Believe that one if you want to.

So, the story continues. Will he, won't he?