Michael Schumacher Health Condition Latest Update: Formula 1 Legend's Family Losing Hope, Selling Some Properties To Pay Heavy Medical Bills?

New reports have surfaced claiming that Formula One racer Michael Schumacher is recovering despite no known details about his progress regarding his health has been released by his family. Other reports are claiming that his family has sold some of his things and properties in order to pay for his medical bills.

What is the Latest Health Updates on Formula One Legend Michael Schumacher?

Movie News Guide reported that Schumacher's progress is limited since his 2013 accident when he hit his head while skiing. According to the reports, Michael Schumacher is still lying in bed despite being out of coma as he cannot move and speak. He is said to communicate only via his eyes and that he reportedly sometimes cries.

How Does Michael Schumacher's Family pay for Medical Expenses?

Despite amassing a lot of money from being a Formula One legend, Michael Schumacher's wealth might have slowly depleted since his accident and many are asking how his family is able to pay for the expenses. New reports have surfaced saying that the family of Schumacher has once again sold a cherished possession, which is the 1998 Mercedes E55 AMG.

The car of the legendary Formula One Racer is said to be two decades old and is sought after by many enthusiasts since it was used by Michael Schumacher himself. It reportedly fetched a lot of money that the family could use to pay their medical bills. The car has also used up 123,000 miles so it is possible that it will be displayed as a collector's item for the person who bought it.

This is not the first reported property owned by Michael Schumacher sold by his wife Corinna. Accordingly, she has already sold his vacation house and jet as she believes she will no longer be able to use it.

Is There Really Progress on Michael Schumacher's Health?

Due to the fact that Michael Schumacher's family has remained private about the Formula One legend's real health status, many are wondering if there is really progress since his accident. His manager, Sabine Kehm, recently shared that she cannot comment on the matter but wants the public to respect the family's request for privacy. She also added that Schumacher is continually receiving medication at his home near Lake Geneva.