Mercedes are ready to offer Michael Schumacher a new two-year contract that will keep him in Formula 1 until 2014.
The seven-time world champion returned to the sport with Mercedes in 2010 following a three-year spell away.
His current deal is due to expire at the end of next season but Mercedes will ask the 43-year-old to stay on, according to Bild.
"We will ask Michael first [if he wants to continue], before we ask other candidates," said team boss Ross Brawn.
"But if we can move forward this year, then Michael will certainly be keen on it, to bring in the benefits in the future."
Schumacher is currently believed to be undecided about his future.
Written by
Liam Apicella
Liam Apicella
