Vettel to join Ferrari: report

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Swtich ... British reports suggest Sebastian Vettel will join Ferrari in 2014. Source: Dita Alangkara / News Limited

Dual Formula 1 world champion Red Bull's Sebastian Vettel is reportedly set to sign with Ferrari.

The German ace currently leads the 2012 championship after winning his third straight grand prix in South Korea on Sunday.

British media believes Vettel will replace Felipe Massa at Ferrari after the Brazilian was resigned for one more year.

The contract is said to contain performance-based clauses that will see Ferrari have to produce certain results to have Vettel sign.

If the 25-year-old was to sign with the Italian powerhouse - alongside title rival Fernando Alonso - it would mean arguably the most powerful line-up in Formula 1 history.

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