His manager Willi Weber also said the German driver was not going to McLaren.
McLaren's Formula One world champion Lewis Hamilton can go on to match or even surpass Michael Schumacher's record of seven world titles, according to new team principal Martin Whitmarsh. Whitmarsh said Hamilton, who won the title by a single point despite winning fewer races than Ferrari's Brazilian Felipe Massa, is determined to win the title again to show that he is a worthy champion.
Michael Schumacher is close to signing a deal with Mercedes to come out of retirement and compete in Formula One next year, Germany's Bild newspaper reported on Saturday. Mercedes have signed Germany's Nico Rosberg for 2010 but have yet to name his team-mate with media speculation swirling around the retired 40-year-old German.
Michael Schumacher crashed out of Japanese Grand Prix practice on Friday, a day after announcing his retirement, while Australian Mark Webber set the pace for Red Bull.
GoPro Inc's shares fell as much as 16 per cent on Monday after a French journalist suggested that Formula 1 legend Michael Schumacher's injuries in a ski accident last year might have been caused by a wearable camera made by the company.
Michael Schumacher won the San Marino Grand Prix for his and Ferrari's first victory of the F1 season
Schumacher said he would not want to extend his career beyond 2006 if he is not able to win races again.
Briton Jenson Button will be docked 10 places on the starting grid for having his BAR's engine replaced.
Formula One world champion Lewis Hamilton said on Thursday it would be an "honour and a privilege" to race against Michael Schumacher following the German's shock return to the sport. Schumacher, now 40, retired from Formula One at the end of 2006 but is expected to make his comeback for Ferrari in Valencia, Spain next month in place of Felipe Massa.
Ralf Schumacher will race for Mercedes in this season's German Touring Car (DTM) championship after leaving Formula One last year, the carmaker said on Monday.
Ferrari's Michael Schumacher crashed with Minardi's Christijan Albers before the start of the Chinese Grand Prix
The seven-times Formula One world champion is glad to be watching this year's gripping conclusion at home on television.
Ferrari's Michael Schumacher claimed his 67th career pole in controversial circumstances in Monaco
The world champion was 1.4 seconds faster than Jenson Button in Friday's practice for the Spanish Grand Prix.
Ferrari's Michael Schumacher fended off McLaren's Kimi Raikkonen to win the British Grand Prix.
Michael Schumacher broke the record of late great Ayrton Senna by storming to his 66th pole position of his career
Lewis Hamilton's record already bears comparison to Michael Schumacher's, and in some areas exceeds the great German's achievements.
Ferrari team principal Maurizio Arrivabene has said the 'door at Maranello will always be open' for Michael Schumacher's son Mick should the German prospect follow in his father's footsteps and progress to Formula One.
Michael Schumacher fans were crushed when his engine and title hopes went up in smoke.
Red Bull, owned by Austrian energy drink billionaire Dietrich Mateschitz, have taken over the old Jaguar team.
Formula One legend Michael Schumacher may reportedly several months to wake up from his medically-induced coma, although he is slowly recovering from his devastating head injuries.
Michael Schumacher and Nico Rosberg still remember the 'enthusiasm' and 'friendliness' shown by India last year and the two Mercedes drivers are gearing up for more interesting experience in the country, which hosts the next Formula One race on October 28.
The German won the opening sprint over 600 metres but lost in the second race over 1,200 metres and the 900-metre decider against a Eurofighter jet.
Rubens Barrichello was 0.128 slower than Montoya in second place, while Schumacher was third with 1:20.784.
The Ferrari driver is one point ahead of Williams's Juan Pablo Montoya and two clear of McLaren's Kimi Raikkonen with two races remaining after Monza.\n\n
Michael Schumacher will test Ferrari's 2007 race car again this week in preparation for his return to Formula One as a replacement for the injured Felipe Massa. The seven-times world champion, who had a day of testing in the F2007 at the circuit near Florence 10 days ago, cannot try out the F60 car before the European Grand Prix in Valencia on August 23 because track testing is banned during the season.
The six-time world champion was again untouchable as he led home a seventh Ferrari one-two of the season in the Hungarian Grand Prix.