Formula One great Schumacher to retire

[Kanut]

One of Formula One's all-time greats reportedly is ready to vacate his ride permanently.

Michael Schumacher will announce his retirement at the Italian Grand Prix on Sunday, the German newspaper Bild reported.

The newspaper gave no source for its report.

The seven-time champion, who holds every major record in Formula One, had previously said he would announce a decision on his future at the race.

"We can't comment on everything. As we said, there will be more on Sunday," Schumacher spokeswoman Sabine Kehm told Bild.

Schumacher's contract with Ferrari expires at the end of this season. He trails defending F1 champion and current leader Fernando Alonso by 12 points in the standings with four races remaining.

ESPN.com news services

[Kanut]

i hope schumi goes out on top.
looks like kimi will be driving that red car next season.

[scarab]

....sunod sana siya kay hakkinen sa DTM series. tho alam ko malabo yun.

[nugundam93]

sana he joins either WRC or rally raids/Dakar.

[Eismann]

Hopefully one more run at the driver's championship before he hangs his jumpsuit for good.

Iceman's turn to finally shine? We'll all see....

[CVT]

The way the F1 landscape is changing, specially with the one-tyre scheme next year, anybody's guess is as good as mine....:drunk:

[Bogeyman]

i hope schumi goes out on top.

Yep, nothing better than quitting while you're ahead.

[squala]

There's nothing else to prove. He's got just about every record there is in F1. He's had his time; now's the time to let someone else take glory.

[squatt3r]

sana isa pang championship this year para nasa top sya pagretire nya

[CVT]

sana isa pang championship this year para nasa top sya pagretire nya

We'll see in the last 4 races this year..... (Europe, Asia and South America)

I haven't seen any schumi magic for a loooong time. We may be in for a surprise ending this year....

[aceshark]

There's nothing else to prove. He's got just about every record there is in F1. He's had his time; now's the time to let someone else take glory.

may record siguro na di na ma-beat si schumi. oldest grand prix winner.

[Monseratto]

Retired Schumacher to earn $26m in 2007


Michael Schumacher has no plans to stop earning a lot of money, according to the retiring Ferrari driver's long time manager.

Willi Weber told newspaper Bild am Sonntag that his goal is to make the seven-time World Champion an 'advertising emperor' in the years following his final race on the grid in China next month.

He revealed: "Most of our existing partners will stay with us, and we will also be working on the next super deals."

Personal sponsors DVAG, Shell and Omega have already renewed their deals with 37-year-old Schumacher.


The Sunday newspaper also reckoned that, even from his mansion in countryside Switzerland, Schumacher could earn more in 2007 - up to $26 million in total - than his brother Ralf, World Champion Fernando Alonso and Ferrari replacement Kimi Raikkonen.

His total fortune has reportedly surpassed $800m.:cool01:

[IPSG_SlimShady]

Ferrari Line-up for 2007

Race Driver 1: Michael Schumacher
Race Driver 2: Kimi Raikkonen
Test Driver: Felipe Massa

[nugundam93]

Ferrari Line-up for 2007

Race Driver 1: Michael Schumacher
Race Driver 2: Kimi Raikkonen
Test Driver: Felipe Massa

official na ito?

[IPSG_SlimShady]

^ I'm betting big here. Winner-take-all itong guessing game na ito diba?

[118designs]

i doubt it that felipe massa would allow himself to be relegated to a testing role. For sure other teams would want his service. I hope ms gives it one more season just in case he doesnt win the championship. But how the monza race is going with 14 laps he might just be still able to beat fernando.

[knight23]

Ferrari Line-up for 2007

Race Driver 1: Michael Schumacher
Race Driver 2: Kimi Raikkonen
Test Driver: Felipe Massa

mali!

Race Driver 1: Kimi Raikkonen
Race Driver 2: Felipe Massa

[mikmik316]

Schumacher announces retirement from Formula 1
ESPN.com news services

MONZA, Italy -- Michael Schumacher will retire from Formula One after this season, the announcement coming after the seven-time world champion won the Italian Grand Prix on Sunday.

The 37-year-old Ferrari driver, who holds every major record in the sport, will leave after the year-ending Brazilian Grand Prix on Oct. 22.

"Michael Schumacher will retire from race driving at the end of the 2006 world championship," Ferrari said in a statement after Schumacher's latest victory.

Ferrari also announced that Kimi Raikkonen and Brazilian Felipe Massa will race for the team next season.

Ferrari said in a statement after Sunday's Italian Grand Prix that Raikkonen, currently with McLaren, had agreed a three-year deal.

Massa's contract was extended to the end of 2008.

Schumacher's seven titles are two more than Juan Manuel Fangio's five. He trails Fernando Alonso by only two points in this season's standings with three races remaining.

Schumacher won his first two titles with the Benetton team in 1994 and '95, then restored Ferrari to prominence with five consecutive championships from 2000-04.

The German showed signs of vulnerability when he won the 2003 title by only two points over McLaren-Mercedes' Kimi Raikkonen. Schumacher responded with another dominant year in 2004, though, winning a record 12 of the first 13 races.

Alonso ended Schumacher's title run last year, with Schumacher and Ferrari struggling to adapt to rule changes intended to stop their dominance.

Ferrari attributed the problems to its Bridgestone tires. Schumacher won only one race, the U.S. Grand Prix in which only six drivers competed because of safety concerns with rival Michelin tires.

The Associated Press and Reuters contributed to this report.

[eggman]

Its final but its ok tutal he's done everything and goodluck nalang sa kanya!!

[Elroi]

isang season pa sana with kimi in ferrari's camp.. i wonder how they'll race with each other if they're in the same team...