On Monday Mercedes announced that Malaysian state oil and gas company Petronas will be title sponsor of the Mercedes Formula One team next season, Mercedes announced yesterday
On Wednesday German newspaper Bild said that Schumacher, the seven-time champion, who retired in 2006, signed the deal at the team's offices in Brackley, England, on Tuesday.
Schumacher, a former Ferrari driver, has been heavily linked with a move to the former Brawn GP team, which won last year's drivers' and constructors' titles.
The 40-year-old German driver attempted a brief return in August to replace injured Ferrari driver Felipe Massa but a serious neck injury kept him from driving.
- thestar.com.my -