The Michael Schumacher Career/Injury/Recovery Thread | Page 202 | FerrariChat

The Michael Schumacher Career/Injury/Recovery Thread

Discussion in 'F1' started by NürScud, Dec 29, 2013.

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  1. tifosi12

    tifosi12 Four Time F1 World Champ
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    Andreas
    #5026 tifosi12, Jun 18, 2019
    Nice gesture or are they running low on $? The costs of that care must be exponential.
     
  2. cmos

    cmos Formula Junior

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    #5027 cmos, Jun 18, 2019
    My understanding is that the foundation does not directly support Michael's ongoing healthcare. From the website:

    Keep Fighting is a non-profit initiative that is celebrating the attitudes to “Keep Fighting” and “Never Give Up” which are directly inspired by Michael Schumacher. The Foundation is registered in Germany and operates globally through its projects.

    Further, the announcement states:

    A portion of the proceeds from the auction of F2002 chassis #219 by RM Sotheby's will go to the Schumacher family's Keep Fighting, Never Give Up Foundation.

    No indication of where the rest of the proceeds will be directed. But that's not our decision to make.

    Thoughts and prayers to Michael and his family.
     
    jjmalez, Bas, stavura and 1 other person like this.
  3. daytona355

    daytona355 F1 World Champ
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    #5028 daytona355, Jun 18, 2019
    I would love to own that car.... epitomises Michael... keep fighting champ!
     
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  4. Flavio_C

    Flavio_C Formula 3
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    #5029 Flavio_C, Jun 18, 2019
    Don't you think that the fortune that Schumacher amassed throughout his life is more than enough to sustain whatever costs of his health care is?
     
    stavura, daytona355 and Bas like this.
  5. bmwracer

    bmwracer Formula Junior

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    645
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    #5030 bmwracer, Jun 18, 2019
    It most certainly is plenty and more than enough . Reality is , almost anyone else in Michael’s shoes would not be alive at the present , irrelevant of his physical state
     
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  6. Mitch Alsup

    Mitch Alsup F1 Veteran

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    #5031 Mitch Alsup, Jun 19, 2019
    thought to be on the order of $300M
    this depends on the amount of care he is requiring. But with $300M to start with, one should be able to make 5%/year (minimum) and break even {$1.5M}
     
  7. daytona355

    daytona355 F1 World Champ
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    #5032 daytona355, Jun 20, 2019
    I bet he is still earning millions through image rights and the like... I think £300million is an underestimation, his income did not stop at all since 1992
     
  8. Flavio_C

    Flavio_C Formula 3
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    #5033 Flavio_C, Jun 20, 2019
    5% on 300M (I read it was 800M) is a ton of money for health care.

    Obviously we are not talking to mere mortal here but even him, as a resident of Switzerland, is obliged to have health insurance by law and in an extreme case, where his private house treatment would have to be terminated, his costs would be capped and the rest covered by the insurance company.
     
  9. tifosi12

    tifosi12 Four Time F1 World Champ
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    #5034 tifosi12, Jun 20, 2019
    Private health care treatment as he receives it in Switzerland is autonomously expensive. Especially since the pricing is neither regulated nor capped.
     
  10. Terra

    Terra F1 Rookie
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    #5035 Terra, Jun 20, 2019
    Just to be clear, F2002 #219 DOES NOT belong to Michael Schumacher or his family.
     
  11. daytona355

    daytona355 F1 World Champ
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    #5036 daytona355, Jun 21, 2019
    And? What’s your point? It’s being auctioned for the benefit of the charity
     
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  12. furoni

    furoni F1 World Champ

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    #5037 furoni, Jun 21, 2019
    AS still believe that Michael must have had a huge insurence policy, so i believe a big part of that health care is payed by the insurance company!
     
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  13. P.Singhof

    P.Singhof F1 Rookie

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    #5038 P.Singhof, Jun 21, 2019
    The question was whether they need money... so when the car does not belong them they will not get some, so the argument becomes irrelevant
     
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  14. daytona355

    daytona355 F1 World Champ
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    #5039 daytona355, Jun 21, 2019
    Absolutely, I got the impression terra was trying to make a point though"".
     
  15. Bas

    Bas Four Time F1 World Champ

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    #5040 Bas, Jul 7, 2019
  16. P.Singhof

    P.Singhof F1 Rookie

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    #5041 P.Singhof, Jul 7, 2019
    Hahaha.. live-stream. It rains over here

    Gesendet von meinem SM-G930F mit Tapatalk
     
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  17. Bas

    Bas Four Time F1 World Champ

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    #5042 Bas, Jul 7, 2019
    Watching pool side...:D:D:D
     
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  18. tifosi12

    tifosi12 Four Time F1 World Champ
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    #5043 tifosi12, Jul 9, 2019
    The irony is amazing.
     
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  19. P.Singhof

    P.Singhof F1 Rookie

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    #5044 P.Singhof, Jul 9, 2019
    Very much to the delight of Ross Brawn (see below)
     
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  20. P.Singhof

    P.Singhof F1 Rookie

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    #5045 P.Singhof, Jul 9, 2019
    NürScud, tifosi12, Tackleberry and 6 others like this.
  21. P.Singhof

    P.Singhof F1 Rookie

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    #5046 P.Singhof, Jul 9, 2019
    ktu, NürScud, tifosi12 and 7 others like this.
  22. stavura

    stavura Formula 3

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    #5047 stavura, Jul 9, 2019
    Ahhh, the amazing British weather.
     
  23. P.Singhof

    P.Singhof F1 Rookie

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    #5048 P.Singhof, Jul 9, 2019
    Only on Sunday, Friday and Saturday were fine... unfortunately the Schumacher celebration was Sunday
     
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  24. stavura

    stavura Formula 3

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    #5049 stavura, Jul 9, 2019
    Unfortunately I couldn't make it.
    Thanks for the wonderful pics mate.
     
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  25. SimCity3

    SimCity3 F1 Rookie

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    #5050 SimCity3, Jul 9, 2019
    The F2004 will be on track at Hockenheim. Looking forward to seeing it with young Mick at the wheel.
     
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