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Michael Schumacher Condition Latest News: Formula One World Champion Status Revealed by Former Ferrari President

The former long-time Ferrari president Luca di Montezemolo acknowledged F1 legend Michael Schumacher in his acceptance speech for his induction into the Automotive Hall of Fame in Detroit, according to reports.

"I don't know if I would have received this award without him. It is dedicated to him, because he is trying to win his toughest race," he said.

He continued on to recall his strong friendship with the F1 champion, telling the public he was not only someone he worked with but above all a friend with whom he shared so much. He also said that Schumacher's present condition wherein "he now lies in bed for such a long time is very sad."

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Schumacher was hospitalized after his Dec. 29, 2013 skiing accident wherein he got severe head injuries. His helmet split and he crashed into huge rocks on a slope at the Meribel ski resort in the French Alps. This accident caused profound brain damage as well as coma that he awoke from on April 4, 2014. Schumacher presently lives in his home with the family spending £100,000 a week to pay for his medical expenses, claimed Metro magazine.

Earlier this year, Schumacher's manager, Sabine Kelm, announced that the F1 champion was making progress in his recovery. But considering his very serious head injuries, Dr. Jean-Francois Payen, one of Schumacher's medical staff stated that it may take years for Schumacher to recover. The best doctors and nurses are attending to the racer's needs 24/7.

Fans are hoping to get some updated reports on Schumacher's health condition since the family has been very particular about keeping their lives private in these moments. The good news is that the official Michael Schumacher website was relaunched last November to mark the 20th anniversary of the driver's first world championship. On the site, visitors can send messages to his wife and kids through the "How to Wish Michael Well".

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