Atletico Madrid striker Fernando Torres insists there's no fear going into the final stretch of the season.

Atletico meet Real Madrid in the semifinals of the Champions League next month.

When taking questions from the press, Torres was asked if he felt the tie was similar to the 2011/12 semi-final where his underdog Chelsea side dispatched Barcelona en route to their maiden title in the competition.

"It is true that there is a favourite and at that time Barcelona were the favourites against Chelsea, and Real Madrid are the favourites against anyone," the Spaniard told an Atleti Foundation event.

"It serves as motivation, because we know who we are and we can compete against anyone. We are not afraid of anyone.

"It will be very difficult, but we have the confidence that we can reach another final with humility and sacrifice.

"One moment can change everything so you have to be prepared. [Against Barcelona] I was not in the starting line-up bit in the end I scored the key goal."