Luca di Montezemolo, the former Ferrari chairman and ex-boss of seven-time Formula One World Champion Michael Schumacher, issued a brief statement to reporters regarding Schumacher’s condition.
The 47-year-old Schumacher has been at home in Switzerland while recovering from head injuries suffered in a Dec. 29 2013 skiing accident in the French Alps.
“I have news and unfortunately it is not good,” Montezemolo told reporters, according to a report on DailyMail.com. “Life is strange. He was a fantastic driver and only had one accident with Ferrari in 1999.”
Michael Schumacher’s Ex-Boss Comments on the Former F1 Driver’s Condition
Few details have emerged regarding Schumacher’s condition.
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Michael Schumacher won seven Formula One World Championships. Mark Thompson/Getty Images

By Dave Martin
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