Rumor: Michael Schumacher to retire from racing

Formula One racer Michael Schumacher will announce his retirement from auto racing at the Italian Grand Prix on Sunday, according to a report by Germany's Bild newspaper. Schumacher's contract with Ferrari expires at the end of this season, according to ESPN. "We can't comment on everything. As we said, there will be more on Sunday," Schumacher spokeswoman Sabine Kehm told Bild. (Thanks to Jason for the tip!)