Le Mans has ruled itself out of the running to revive the French Grand Prix.
Pierre Fillon is the president of the Automobile Club de l'Ouest (ACO), the organiser of the 24 -our endurance race at the Le Mans circuit.
He told Le Maine Libre newspaper that FIA president Jean Todt had been in touch to ask if Le Mans would consider reviving the French Grand Prix.
"I think it would not bring us anything. We would need to invest €17m or €18m, financing it exclusively via the ticket booths," Fillon said.
"At best, we would be breaking even."
Fillon was also asked about the possibility of new manufacturers entering Le Mans, and answered: "Ferrari will remain in F1 until they become world champions.
"I would find it an excellent idea if Fiat positioned Alfa Romeo in endurance racing."
The French Grand Prix has been absent from the calendar since Magny Cours last hosted it in 2008.
