Formula 1

Michael Schumacher.

Michael Schumacher's medical bill has reached a staggering amount

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Three years ago today, the sporting world was rocked as news broke of Michael Schumacher's life-threatening skiing accident in the French Alps.

The seven-time Formula One World Champion, who spent six months in a medically-induced coma, is currently being treated by a 15-strong team at his home in Geneva, Switzerland.

Various details about the incident have since emerged but his overall condition remains unknown.

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Earlier this month, pictures of Schumacher - the first since his accident - were being touted for £1 million. A police investigation is currently underway.

And now, there has been another update on Schumacher's situation.

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According to reports, per the Mirror, the German's medical bills are fast approaching £14 million as a result of his treatment costing £115,000 per week.

Schumacher was worth £500 million prior to his accident and wife Corinna has since sold his private jet and luxury holiday home in Norway.

In a bid to keep Schumacher's condition a private matter, manager Sabine Kehm explained before Christmas how they have no intention of releasing a statement.

Ferrari's Formula One driver German Mich

"Michael's health is not a public issue," she said, "and so we will continue to make no comment in that regard.

"We have to protect his intimate sphere. Legally seen and in the longer term, every statement related to his health would diminish the extent of his intimate sphere."

The closest fans have come to an update was in September, when Schumacher's lawyer, Felix Damm, refuted claims in German magazine Bunte that the 47-year-old could walk again.

Ferrari Formula 1driver Michael Schumach

Bunte, quoting an 'unnamed friend' of Schumacher's, wrote: "Michael is very thin. But he can once again walk a little with the help of his therapists.

"He manages to make a couple of steps. And he can also raise an arm."

To which lawyer Damm responded in court: "He cannot walk."

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