Wednesday 9 May at 06:35 : May 9 (GMM) Mark Webber appears headed for a new contract with Red Bull, after receiving a clear vote of confidence from the energy drink company's chief.

Following speculation the 35-year-old Australian could be headed to Ferrari in 2013, Red Bull team boss Christian Horner insisted Webber "is happy to be here, and we are happy to have him with us".

And the Swiss newspaper Blick has revealed that team owner Dietrich Mateschitz, the billionaire mogul, is also happy with Webber.

"I hope that he keeps driving with us for a long time," the 68-year-old is quoted as saying.