That is the claim of Ferrari president Sergio Marchionne who said the Mercedes technical chief approached the Maranello team.
"We had a proposal [from Lowe], but the role was already covered," he said during a Christmas lunch for media this week according to La Reppublica.
"We are not looking for a Ross Brawn-like saviour who can solve all the problems," he added. "Together, we can pull through by working the right way.
"I don’t want to be constantly changing the team," Marchionne insisted, despite a number of staff changes in recent years.
The former-Ferrari technical director is currently on gardening leave from the Italian team but will be free to join another outfit next summer. Lowe will likely face a similar scenario once his exit from Mercedes has been announced
Bahrain International Circuit - Winter testing