Seven-time Formula One World Champion 'Michael Schumacher Is In A Very Bad Condition Right Now - His Former Boss Reveals

Luca di Montezemolo, Schumacher's former boss at Ferrari, had this to say to reporters yesterday;....

"I  have news and unfortunately it is not good,' Montezemolo told reporters without giving any further details. 'Life is strange. He was a fantastic driver and only had one accident with Ferrari in 1999.' Italian newspaper LA Gazzetta de la sport reported. 

"He was a great driver and we shared a great personal and professional relationship, we also had the pleasure of having our children at similar times. Unfortunately a fall while skiing, an accident, has broken him,' 

With an accumulated wealth estimated to be well over half-a-billion pounds, Schumacher's family is well capable placed to provide the expensive medical care that his situation demands.

The F1 Champion was holidaying with his wife Corinna and children Mick and Gina Maria on December 29, 2013, when he smashed his head on rocks during a ski-run at the resort of Meribel.  He was immediately airlifted and placed on emergency treatment, had a lot of surgeries and was on coma for a long period of time. 

Word came out in 2014 that he has made some progress with his recovery but the statement of his former boss today is certainly not encouraging