Michael Schumacher to retire after 2012 season

Michael Schumacher has decided to retire from Formula One after the 2012 season, again. The seven-time world champion came out of ‘retirement’ in 2010 and joined the Mercedes F1 team, whom he has been ever since.

However, following recent announcement that Lewis Hamilton will defect from McLaren to Mercedes for the 2013 season, Schumacher declared he will hang up his driving gloves for good.

“I have decided to retire from Formula One at the end of the season, although I am still able to compete with the best drivers of the world,” said the 43-year-old on his official website.

“This is something that makes me proud, and this is part of why I never regretted my comeback.”

Schumacher managed just one podium finish since his return to the pinnacle of motor sports, and a third place at this year’s European Grand Prix.

Does he really mean it this time?