Ferrari reveals plans to celebrate Michael Schumacher's 50th birthday five years after tragic ski accident

The car maker said Schumi – who is still receiving round-the-clock care five years after his horror ski accident – has "a special place in Ferrari's history".

Seven times F1 champ Schumacher will turn 50 on January 3. It is thought he will spend the day quietly with his family at their luxury home on Lake Geneva.

On the same day, fans paying £14.50 each will pore over details of his stellar career at the Ferrari Museum in Maranello.

Ferrari says the Michael 50 exhibition "is intended both as a celebration and a mark of gratitude to the most successful Prancing Horse driver ever".

It said: "Schumacher has a special place in Ferrari's history, which has been marked by his many records.

"The Museum’s rooms will look back over the memorable seasons that the seven-time World Champion gifted to all Ferraristi, and that created a legend now bigger than ever in the hearts of all fans."

The exhibition was put together wit the help of the Schumacher family's Keep Fighting Foundation, Ferrari said.

Shuey was hailed the greatest driver ever after winning five titles in a row with Ferrari, adding to two championships with Benetton.

In December 2013 he was left in a coma after a skiing accident in Meribel, France.

Fans have been desperate for new of his progress ever since as he is slowly nursed back to health by wife Corinna.

Round-the-clock care by a team of specialists is said to cost £115,000 a week.

Recent reports have suggested he is "not bed-ridden or surviving on tubes" and may even be able to walk, although his family and manager have given few details.

And a German archbishop who has visited him says Michael "senses that loving people are around him."

Last week reports claimed Shumi was being readied for a secret transfer to a brain clinic in Texas.

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