Feb.26 (GMM) Michael Schumacher has slammed rumours that he could be set to make a sensational return to competitive racing on the saddle of a MotoGP bike later this year.

It was reported recently that the retired seven time world champion, following his competitive tests for Ducati, could be seeking a wild-card entry for the Mugello round.

Schumacher's long time manager Willi Weber seemed to perpetuate the story when he said last week that "anything is possible".

While testing Ferrari's new formula one car in Spain on Monday, however, the 39-year-old German put a stop to the runaway story.

"It is an absolute lie," Schumacher is quoted as saying by the Italian daily La Gazzetta dello Sport.

"At the most, I can race on a scooter," he added.