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Schumey to retire from F1 (again)

Michael Schumacher to retire at end of the season Credit: PA

Michael Schumacher will retire from Formula One for the second time at the end of the season.

The seven-time World Champion will leave the Northamptonshire-based Mercedes Petronas team at the end of the season.

Schumacher's seat at Mercedes will be taken by McLaren's Lewis Hamilton in 2013.

He said: "I have decided to retire at the end of the season. I still feel I am capable of competing against the best but the time sometimes comes to say goodbye and this time it might be forever."