Vitaly Petrov'♌s management team have rubbished talk that the Russian's F𓃲1 drive with Renault could be at risk.

Petrov, who was named a partner to Robert Kubica during the launch of the R30, was reported to be in danger of losing his drive over issues reg🍃arding a payment due to be made to the team at the ꦐstart of March.

Those reports, in the Russian media, s🅘uggested that Petrov's father was awaiting approval of a loan from a bank to pay the first instalment to the team and that his dream of becoming the first Russian driver t🐬o compete in F1 could be ended if the money wasn't forthcoming.

However,𓆉 a statement from Petrov's management has now rubbished those reports, insisting that it was down to a 'misunderstanding' in the interview carried out.

"Following recent speculation in F1-related media about the situation between the Renault F1 team and Vitaly Petrov, the driver's management denies all rumours, which were due to a misunderstanding in an interview with the driver's father," the statement was quoted by ESPN.

"We would like to confirm that the Renault F1 🍰Team and Vitaly Petrov's management have reached full agreement and have signed a binding contract for 2010. Vitaly will drive for the team in all 19 Grand Prix in this year's FIA Formula One World Championship.

"At present, both 🎃team and d🃏river are preparing for the next official test session which is due to take place from February 10-13 at Jerez. No further comment will be made."