Updates about the health of Michael Schumacher have been scarce since his skiing accident back in December 2013. However, the latest news about the F1 racing legend is not good because he just lost two major sponsors.
On the other hand, Michael's 17-year-old son, Mick, received some good advice from Jacques Villeneuve. The young Schumacher is getting scouted by two F1 teams as he continues to progress in the ranks.
Schumacher Loses Two Sponsorship Deals
According to The Daily Star, two major sponsors have cut ties with the seven-time world champion. Swiss luxury watchmakers Audemars Piguet and German door and gates manufacture Hormann Group ended their deal with Schumacher.
The two sponsors add to the long list of companies that severed their association with the German F1 legend. Erlinyou, Jet Set, Navyboot and Rosbacher were the first sponsors to leave Schumacher's circle last year.
Several other sponsors have also renegotiated the terms of their contracts that will reduce the amount paid to the Schumacher family. The medical care of the F1 legend's health costs up to £115,000 per week.
Villeneuve's Advice To Young Mick
The 17-year-old son of Schumacher will begin the 2017 season in the F3 Championship after finishing as runner-up in the F4 German and Italian championships. He recently received some great advice from the head of the Ferrari driving academy, Jacques Villeneuve.
The 1997 F1 World champion told Sky Sports that Mick will have a hard time living up to his father's legendary career. However, he believes the young Schumacher has a tough mentality to stay and be great in the sport.
"It would be very, very hard on him, mostly because his father was many times world champion - and not so long ago. So not a lot of time has passed by. It would be a lot of weight to carry, but mentally if he can carry that then a lot of doors will open," Villeneuve said.
Villeneuve added that Ferrari is ready to sign him to contract once he reaches the F1 championships. On the other hand, Mercedes have also expressed their intentions to negotiate a deal with Michael Schumacher's teenage son and rising racing phenom.
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