News about Michael Schumacher "not good", says former Ferrari boss

New Delhi: Seven-time Formula One World Champion Michael Schumacher's health condition isn't good said his former Ferrari boss Luca di Montezemolo.

The former Ferrari driver is still receiving intensive treatment far from the public eye at his home in Switzerland following severe head injuries that he suffered in a skiing accident in France in December 2013.

The latest news comes as a setback for the driver and fans all around.

Montezemelo stated on Thursday that he has news about Schumacher and unfortunately it isn't good.

"I have news and unfortunately it is not good," Montezemolo said.

He went on to add that life is strange and that Schumacher just had one accident with Ferrari in his career.

"Life is strange. He was a fantastic driver and only had one accident with Ferrari in 1999", the former Ferrari chairman said.

Meanwhile, reports suggest that Michael Schumacher's spokesperson has declined to respond to Montezemolo's comments that the news on the former Ferrari driver is "not good"