Racing legend Michael Schumacher announced today that he is retiring from Formula One racing again, and claims this time it is for good.  

The seven-time F1 champion said Thursday that he will retire at the end of the season, largely due to him not being able to capture some of the success he enjoyed in his prime.

Mercedes announced last week that Schumacher was going to be replaced by another driver, Lewis Hamilton, last week which lead to many fans and F1 experts to speculate if this was going to be it for Schumacher or if he was going to leave the company in hopes of catching on with another team.

"Basically, I've decided to retire at the end of the year," Schumacher said at the Japanese Grand Prix in a press conference. "Although I was able and capable of competing with the best drivers that are around, at some point it's time to say goodbye and this time it might be forever."

Schumacher will leave the sport yet again having made quite an impression. Since 1991, he has set the record for most championships and grand prix wins with an astounding 91 for his career, a record that may never be broken. He also holds the record for most races won in a single season when he won 13 in 2004.

The 43-year-old previously retired in 2006, but after missing the thrill of racing, he returned to the sport in 2010. Since his return he has only stepped up to the podium once in six years. Schumacher has stated he intends to finish out the season and participate in the six remaining races before calling it a career.

 "He's the most courageous racing driver of the century," said Ross Brawn, the Mercedes team boss. "And I feel very privileged to have worked with Michael from the beginning."

We'll have to see if he actually can stay away from the sport for good this time, but regardless his legacy will be remembered forever. 

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