Seven-time Formula One world champion Michael Schumacher, 37, announced his retirement from the sport following his victory at the Monza Grand Prix in September 2006, with Ferrari confirming the news after the race.

Speaking on his personal website, Schumacher said the decision came down to a question of longevity at the top level. He was unwilling to continue simply for the sake of competing, stating he had to consider whether he could sustain the energy and drive needed to remain among the elite over the coming years.

The German driver dismissed criticism of his timing, calling it perfect from his own perspective. Despite the retirement announcement, Schumacher remained sharply focused on the final three races of the season, sitting just two points behind championship leader Fernando Alonso after his 90th career win at Monza.

"From now on the only important thing is the title," he said, setting aside any reflection on his career until after the championship was decided.

Schumacher claimed consecutive titles with Benetton in 1994 and 1995, then won five straight championships from 2000 onward with Ferrari, giving him a record seven world titles at the time of his retirement.

Historical summary. TurkishPress restated this wire report, first published in September 2006, in its own words.