Thursday 12th March 1998

Ferrari revealed it was prepared to offer Schumacher £52 million to remain with them for the rest of his career, and then to continue to act as its ambassador when he did retire. The move came after he was linked with a switch to McLaren-Mercedes despite being paid £17.5 million a year. In the event he stayed, won five more championships and retired in 2006 before making an unexpected comeback in 2010 … with Mercedes.