By Edd Straw
Seven-time world champion Michael Schumacher has agreed a three-year contract extension with Ferrari.
Schumacher, who has remained involved with Ferrari as a consultant since retiring from Formula 1 at the end of the 2006 season, has been with the legendary manufacturer since joining it for the 1996 season as a driver.
"Yesterday, Ferrari president Luca di Montezemolo and me agreed to extend our co-operation for another three years," Schumacher told his website.
"I am very happy about this as I always liked to be part of the Ferrari family and as the name Ferrari also for me symbolises passion, quality and sport."
Schumacher added that he is going to concentrate further on the development of Ferrari's road cars after playing a major role in several of the marque's recent models.
"We agreed that I will give my input more and more into the GT department, the area of road cars," said Schumacher.
"I enjoyed participating in the development of the Ferrari California, the 430 Scuderia and the new 458 Italia which we will present next Tuesday at the Frankfurt Motor Show.
"I very much look forward to participating in future projects."