Nigel Farage has issued a blunt four-word answer over whether he will rejoin the Tory Party.
Farage, 59, joined a number of high-profile right-wing figures at the launch of Popular Conservatives movement led by former Prime Minister Liz Truss.
The event, hosted in the heart of Westminster, was also attended by former Business Secretary Sir Jacob Rees-Mogg and ex-Tory deputy chairman Lee Anderson.
Farage, who will address his thoughts about the Popular Conservatives movement on GB News at 7pm tonight.
Nigel Farage attends the 'Popular Conservatives' conference
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Speaking at the event earlier today, Farage said: "I'm not looking to join the Tory party, you must be joking.
"Not at the moment, given what they stand for.
"And, as far as this group's concerned, I'd rather be part of Reform because that's the real thing."
Farage, who led Ukip and the Brexit Party to victory in separate EU Parliamentary Elections, also suggested he was content with life away from the political frontline.
He added: "I'm very happy with life as it is, thank you very much indeed."
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Former British Prime Minister Liz Truss speaks at the launch of the 'Popular Conservatives' movement
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However, the former MEP teased he could change his mind.
Farage marked his attendance at the Popular Conservatives launch by pouring cold water on the Tory Party.
“I suspect I would agree with a lot of what is said on the platform this morning, but none of it is going to be Conservative manifesto policy,” he explained.
“And that's really the point here. Whilst there were some big names like Liz Truss, Jacob Rees-Mogg - I saw Priti Patel coming into the audience earlier - they are a very small minority within the parliamentary Conservative Party.”
There is growing speculation about whether Farage could return to the political frontline.
There has been calls for the PM Rishi Sunak to resign GETTY
A pollster last month told GB News that the 59-year-old could risk missing out on his best opportunity to enter the House of Commons.
Farage is currently the honorary president of Reform UK and voiced concern about first-past-the-post derailing any hopes of becoming an MP.
The launch of the Popular Conservatives comes amid growing pressure on Rishi Sunak.
Despite seeing off Tory rebels on the Safety of Rwanda Bill, the Prime Minister faced calls to step aside as the Conservative Party trails Labour by around 20 points in the opinion polls.
Business Secretary Kemi Badenoch, ex-Home Secretary Suella Braverman and Commons Leader Penny Mordaunt have been tipped as potential candidates to succeed Sunak.