MELBOURNE, AUSTRALIA: Formula One World Champion Michael Schumacher of Germany smiles in the Ferrari garage ahead on the eve of the first practice session of the 2005 Australian Formula One Grand Prix in Melbourne, 03 March 2005. Ferrari will be using their 2004 cars in the first race of the 2005 Formula One season. AFP PHOTO/Paul CROCK (Photo credit should read PAUL CROCK/AFP/Getty Images)

Ex-Ferrari boss Luca de Montezemolo has confirmed that the outlook for seven-time Formula One champion Michael Schumacher is not good.

“I get news about him constantly, and unfortunately it’s not good,” Montezemolo said on Thursday.

“He was the most successful driver Ferrari ever had. He only suffered one accident in his entire career, in 1999, and it was our fault, not his. Unfortunately, a skiing accident ruined his life.”

Schumacher suffered a skiing accident in December of 2013, suffering life threatening injuries.

He remained in hospital in a coma for some time, before he was discharged in September 2014 to continue his recovery at home.