Michael Schumacher is close to making a sensational return to Formula One after agreeing a one-year contract with Mercedes, according to reports in Germany.
Bild and Focus magazine reported on Saturday that the seven-times world champion will compete for the new Mercedes team - formerly Brawn - next season if he passes a mandatory medical.
Schumacher had planned to return to F1 with Ferrari in the summer after Felipe Massa was sidelined following a crash, but due to neck injuries suffered in a motorcycle crash, his return was put on hold.
The magazine also said that Mercedes wanted Schumacher to act as a team ambassador on a long-term basis, though that would involve him cutting ties with Ferrari who he still advises.
Schumacher's spokeswoman Sabine Kehm refused to comment on whether the winner of 91 grands prix would compete for one final year when questioned by Deutsche Press Agency.
A source close to Schumacher's management team told Eurosport that reports were "more than just rumours."
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