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F1 Ex-Racer Michael Schumacher Health Update: Full Recovery Uncertain For Schumi Amid Increasing Medical Bills [VIDEO]

| Dec 22, 2015 05:37 AM EST

Michael Schumacher

News on the health condition of Michael Schumacher remains scarce since his family has maintained updates private. However, reports indicate that while the seven-time Formula one champion is undergoing an extensive rehabilitation program, his recuperation progress is very slow with medical experts asserting that he may never have a full recovery.

It is now two years since Schumi's shocking skiing accident at the French Alpine Resort. The former Ferrari racer suffered serious head injuries during the accident, which left him in a medical induced coma to stabilize his condition.

Currently, Schumacher is under the observation of 15 medical experts in a state-of-the-art medical suite at his home in Switzerland, according to The Independent. Reportedly, Schumi's weekly medical expenditure is pegged at an astounding $150,000, which has already accumulated to $15 million.

According to Christian Today, Schumacher's wife, Corinna has already sold his €34 million jet and is reportedly considering putting their French chalet up for sale.

On the other hand, FIA President and close friend of Schumacher, Jean Todt says he still visits the seven-time champion on regular basis, and while there have been very few signs of improvement, he would like Schumi's fans to know that the ex-racer is still fighting.

Todt teased that Lewis Hamilton's latest third championship reminded him of Schumi during his best.

Todt said, "You saw the figures [for Schumacher]. I was very proud of what Michael achieved. Sometimes you tend to forget what he did."

In addition, Schumacher's manager, Sabine Kehm, as well remains optimistic of her client's health condition.

In an interview, Kehm said, "We are happy to say he still does improvement and I say this always considering the severeness of the injury he had. But of course it will take a very long time for everybody involved to fight, and we are happy to take this fight."

The footage below gives more information on Schumacher's health condition.

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