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BREAKING: Schumacher & Mercedes GP reach verbal agreement?

Schumacher agrees to drive for Mercedes GP in 2010?

German language news reports from Focus and Bild, along with countless Twitter posts, are abuzz with rumours that Michael Schumacher and Mercedes GP have verbally agreed to a one year deal that will see the seven time world champ to return to Formula One in 2010. Apparently the only hurdles remaining are the results of a medical and the willingness for Ferrari to release Schumacher from his advisory role with their road car program.

It is believed that the Schumacher-Mercedes deal could be announced as soon as this Monday. Reports suggest Schumacher, who turns 41 on 3 January, may earn as much as €7 million in his comeback season.

From what I have been able to gather it would appear that Andrew Benson’s blog about Schumacher’s comeback, posted yesterday on the BBC website, is very close to the mark.

If, or hopefully when, Schumacher’s return to F1 is confirmed it will be massive, massive news for the sport. Whether the second coming would last any more than one year will be the next piece of the jigsaw puzzle. However, speculation will most likely increase that Schumacher’s return will be a stop-gap for Mercedes until they can pry the 26th greatest F1 driver of all time, Sebastian Vettel, from Red Bull Racing when his contract ends after the 2010 season.

More on this breaking story as it comes to hand.

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