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According to reports in the German press, Ferrari's Michael Schumacher may have now signed a new two-year deal to stick around in F1 until the end of 2008.

The 37-year-old is almost certain to line up at the red team next year alongside McLaren defector Kimi Raikkonen, the reports said.

Schumacher's manager, Willi Weber, would not confirm the rumour when pressed by Bild newspaper.

"We will not be making any statements on this issue before the summer," he said.
"But it is clear -- positive results will not impact negatively on Michael's important decision."

Bild also quoted a 'McLaren insider' as reporting that Kimi Raikkonen has already decided to leave the team.

Lamy