Is she crazy or just dumb?!

Salma Hayek and French BILLIONAIRE Francois-Henri Pinault the father of her daughter Valentina have called off their engagement.

“We are sad to announce the engagement of Salma Hayek and Francois-Henri Pinault has been canceled,” Hayek’s rep said in a statement to USA Today. “There will be no further comment.”

Hayek, 41, told the April issue of Glamour that she didn’t feel the “need” to get married.

“Do I think we are going to get married? Probably. Will it make a difference? I hope not,” she said.

“You want to grow old with someone, you want to have a partner and to have children we have all those things,” Hayek added. “Some people need the commitment. Maybe we’ll just make the party!”