Schumacher to return to F1 with Mercedes

Seven-time Formula One champion Michael Schumacher is coming out of retirement to drive for Mercedes in 2010, saying he expects to contend for the title again.



The German, who turns 41 on January 3, announced his comeback on today after three years away from the sport that he dominated for the first half of the decade, putting an end to weeks of speculation.



Schumacher, who will partner Nico Rosberg in an all-German team for the 2010 season, says he and Mercedes are in discussions about a deal through the 2012 season.



Financial terms were not disclosed, but Germany\'s Bild daily, which first broke news of the deal, reported that Schumacher would earn 7 million euros under an initial one-year contract.