By LUCA BRUNO
Associated Press Writer


MADONNA DI CAMPIGLIO, Italy (AP) - Michael Schumacher will announce his retirement midway through this year's Formula One season if he feels he can't win another title with Ferrari.


Schumacher Formula 1


``I will decide at midseason whether to continue or not in 2007.'' Schumacher said. ``It depends on how competitive we are.''


Schumacher's run of five straight world titles ended last season when Ferrari struggled to compete with champion Fernando Alonso's Renault and Kimi Raikkonen's McLaren-Mercedes.


``I want to at least be in a position where I'm able to win, be up there with the top drivers,'' Schumacher said.


This season's midpoint race is the United States Grand Prix on July 2.


The 37-year-old Schumacher finished third in the 2005 championship standings, 71 points behind Alonso. However, he's denied reports that said he may move to another team when his contract expires at the end of this season.



``My future will be with Ferrari, 99.9 percent,'' he said, adding that the remaining one percent represented retirement. ``My only goal is to win the world championship.''


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