According to news reports, FerrariFerrariItaly, 1947 > present233 models
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let expire an automatic renewal of Massa's contract for the 2013 season.

Massa's future at Ferrari has been subject to discussion over the last months, due to his mixed record on the track. While Alonso is certain to continue at Ferrari for the 2013 season, rumours saw one of the Red BullRed BullAustria, 2004 > present12 models
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drivers take Massa's spot. However, both Vettel and Webber have recently denied any interest in leaving their team in the near future.

The expiration of the automatic contract-renewal now heats up the issue as it would require Massa to negotiate an entirely new contract with the team.

Massa seems to bet on an all-or-nothing strategy, stating that he wants to stay exclusively with Ferrari:

"I want to stay in formula one, but it has to be in a situation where I am in formula one to race, not just to participate," he was quoted.

"If for whatever reason I don't have the chance to stay in Ferrari, then I will try and find a direction where I can race.

"But, otherwise, small teams? I'm not interested."

Source: Motorsport