ESPN.com - F1 - Schumacher to stay with Ferrari as assistant to Todt

ESPN.com - F1 - Schumacher to stay with Ferrari as assistant to Todt: "

MONZA, Italy -- Seven-time Formula One champion Michael Schumacher, who retired from racing last week, will stay on at Ferrari as an assistant to new chief executive Jean Todt.

'The basis of my future will be that of a super assistant to Jean,' Schumacher said Sunday at the Ferrari World Finals, the racing team's traditional season-closer.

He did not elaborate on his new role, saying he needed to reflect on what he might be able to offer Ferrari.

'At the moment, I don't have a definite answer,' Schumacher said. 'I want to take myself away from the world of Formula One for a few months to think about my life. Then I'll have a better idea of what I can do for Ferrari.'

Todt, who was appointed Ferrari chief executive on Wednesday following a stint as team principal, praised Schumacher's expertise.

'We will look to make the most of Michael's knowledge for sporting, technical and strategic choices,' he said."