Michael Schumacher Spends Huge Fee for Round-the-Clock Care as New Details Emerge

The amount Michael Schumacher reportedly spends on round-the-clock care since his skiing accident has been revealed.

Back in December 2013, the entire sporting world was shocked by the news that seven-time Formula 1 world champion Schumacher had been involved in a serious accident while skiing in the French Alps.

At the time, the German was airlifted to the hospital and was placed in a medically induced coma until June 2014.

Ever since the accident took place, very few to zero updates have been given after his family decided to keep the details private.

Recently, Daily Mail's Jonathan McEvoy delivered an update on Schumacher's life post-accident.

McEvoy stated that while Schumacher does reside in Majorca, his 'main residence' is said to be in Switzerland - he is 'reliably told' - on the banks of Lake Geneva. There have previously been reports of Schumacher visiting Switzerland.

It has also been mentioned that Schumacher requires round-the-clock care that reportedly costs 'tens of thousands of pounds a week'.

In addition, it has been claimed that ex-Ferrari team boss Jean Todt is 'one of the trusted few' allowed access to the F1 legend.

Michael Schumacher is a seven-time F1 world champion. Image: Getty

What has Michael Schumacher's family said about his condition?

During a Netflix documentary about the F1 legend, Schumacher's wife, Corinna, explained: "Michael is here. Different, but he's here, and that gives us strength, I find. We live together at home. We do therapy. We do everything we can to make Michael better and to make sure he's comfortable, and to simply make him feel our family, our bond. And no matter what, I will do everything I can. We all will.

"We're trying to carry on as a family, the way Michael liked it and still does. And we are getting on with our lives. 'Private is private', as he always said. It's very important to me that he can continue to enjoy his private life as much as possible. Michael always protected us and now we are protecting Michael."

Meanwhile, Schumacher's son, Mick, said: "I think dad and me, we would understand each other now in a different way now. Simply because we speak a similar language, the language of motorsport. And that we would have so much more to talk about.

"That's where my head is most of the time. Thinking that how cool that would be. I would give up everything just for that."