Once again, the rumors were false. Yesterday, Ferrari announced that it has extended Felipe Massa's contract through 2010. Here’s the original press release from Ferrari:
MARANELLO, 16th October 2007 – Ferrari announces that it has extended its agreement with the driver Felipe Massa through to the end of the 2010 racing season.
Felipe has been contracted to the Scuderia since 2001. To date, he has taken part in 34 Grands Prix for the team. He has won five times, had sixteen podium places and finished 25 times in the points. He has secured eight pole positions and the same number of race fastest laps, with a total of 166 points scored.