Michael Schumacher Latest News & Update: Formula One Legend Showing No Signs Of Improvement; Manager Sabine Kehm Thinks Racer Should Inspire Others

Avid fans of Michael Schumacher remain uncertain on his current health status. Now, new reports are claiming that the Formula One legend is still fighting for his life despite all the nasty death reports surfacing until now.

Hindustan Times reported that Michael Schumacher shows no signs of improvement even after his 48th birthday. As most fans know, the Formula One legend suffered a tragic accident in the French Alps.

Despite being an experienced skier, Michael Schumacher still encountered a horrendous crash that left him in a coma for almost three years now. Making things worse are the rumors claiming that the Formula One legend's family is now starting to sell off their properties to provide funds for his medications.

It has been reported that Michael Schumacher's Mercedes E55 AMG car is currently for sale. Not only that, the Formula One legend's family jet and vacation house were reportedly sold too.

Speculations have it that Michael Schumacher will still be needing another series of tests and medications to help him hasten recovery. Former Ferrari chairman Luca Cordero di Montezelmo, however, has revealed that the German racer is now improving.

"I'm very pleased to know that he is reacting," the close pal of Michael Schumacher has said about his current health condition. "I know how strong he is. I'm sure that thanks to his determination; which will be crucial, he will come out from this very, very difficult situation."

Meanwhile, Sabine Kehm finally spoke out about Michael Schumacher. The manager of the Formula One legend even stated that the German racer should inspire other people to never give up on life, Daily Star reported.

"The Keep Fighting Initiative is another sign of the respect and gratitude of Michael and his family to his fans," Kehm said about the initiative for Michael Schumacher. "We want to channel the positive energy that Michael and his family have received for so many years and motivate everyone who is inspired by Michael's career and character to continue fighting and never give up."