Michael Schumacher Latest Condition Update: F1 Driver Could Be Home September, Reason for Jet Sale Revealed

Reuters/FileSeven time world champion F1 racer Michael Schumacher of Germany waved to the crowd in celebration after taking the pole position at the end of the qualifying session for the Bahrain Formula One Grand Prix at Sakhir racetrack in Manama (March 2006)

Recent reports indicating the condition of the F1 racing legend, Michael Schumacher, have stated that indeed 'Schumi' is now well on his way to recovery after the horrific accident he encountered during a skiing trip in the French Alps last year.

After being placed in an induced coma and having two brain surgeries last December, the 45-year-old German finally awoke in June 2014. He was subsequently transferred to a Swiss Rehab facility which is a 24-mile drive away from his residence.

At the University Hospital of Lausanne in Switzerland, Schumacher has been showing encouraging signs of recovery and progress. Those who are close to him reported how he was able to finally communicate by fluttering his eyelashes.

Mirror.co.uk also indicated in their reports that medical doctors in Croatia are now developing a "revolutionary microchip implanting technique" that could be of great help to the athlete in making him walk and talk again.

These developments have sparked some reports to claim he could even be able to leave the hospital and be home by the end of the month. However, nothing official in that regard has been confirmed by the family or medical advisors.

In line with this news, reports from German publication Bild have stated that Schumacher's wife, Corinna, is putting up for sale the family's grey Falcon 2000EX private jetplane for €20 million. It has been implied that the obvious reason for the sale is for her husband's return home, again flaming more rumors that his homecoming is something that could happen sooner rather than later.

Corinna is believed to be undertaking a project that would transform part of their property into a treatment center, laden with state-of-the-art medical equipment for Michael. The purported facility is also deemed to accommodate residing caregivers that will help in Schumacher's long-term rehabilitation.