Michael Schumacher health condition, latest update: Former racer still far from recovery; family faces financial trouble?

(Reuters/Tony Gentile)Michael Schumacher at a press conference in 2006

There are still no official updates on the German legend Formula 1 race driver Michael Schumacher's health condition. However, there are speculations that it would be very hard for him to go back to his normal life.

According to reports, Schumacher's condition has not been improving and is still far from complete recovery. Although the racer has gained consciousness from months of medically induced coma, he has not been improving since then. There are speculations that the racer weighs way less than his average weight. Because of the drastic loss of weight, the medical team that has been monitoring his condition are alarmed about his condition.

There is also no truth about the previous rumors that Schumacher is able to work. Although his health is being closely monitored, the racer still can't walk.

In other reports, Schumacher's family is apparently facing some financial difficulties as of the moment because the medical bills keep piling since his December 2013 skiing accident.

There are speculations that the racer's wife, Corinna Schumacher, has sold their private jet, resort, and has even auctioned one of Schumacher's sports cars. When the racer was still competing, he was included on the list of the wealthiest athletes. His net worth could even go as big as US$800 million.

However, there are reports that he is billed $150,000 a week for his rehabilitation and the family has spent more than $15 million since the accident. There are those who believe that the Schumacher's treatments are secured and the family is still not facing serious financial problems.

Currently, the racer has been receiving medical treatment in his Lake Geneva mansion. Despite the difficult time, his family, especially his wife, continues to show strong willpower. Meanwhile, his 17-year-old son Mick is starting to follow in his father's footstep. The young race driver previously won a Formula 4 race in Germany.

Copyright © 2016 Ecumenical News