Zurich, Feb 5 : Legendary Formula 1 driver Michael Schumacher's current health condition is not good, according to former Ferrari president Luca Cordero di Montezemolo.

The 31-year-old has refused to elaborate more on the F1 great's health.

"I have news and unfortunately it is not good," Montezemolo told reporters on Thursday.

Seven-time world champion Schumacher, 47, suffered severe head injuries in a skiing accident in France in December 2013.

Schumacher continues to receive intensive treatment at his home in Switzerland following the accident in France.

In November, FIA president Jean Todt said Schumacher was "still fighting", almost two years after the accident.

"Life is strange. He was a fantastic driver and only had one accident with Ferrari in 1999," Di Montezemolo added.