Seven-time Formula One world champion Michael Schumacher on Thursday announced he would retire after completing this season, which will culminate with the Brazil GP on November 25.

“I decided to retire by the end of the year 2012. At some point, it is time to say ‘goodbye’. 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,” he said. — PTI

More In: SPORT | Today's Paper