Schumi back in F1 limelight in first Mercedes appearance

The seven-time F1 world driving champion says he's ready to grab number 8. Michael Schumacher says his Mercedes team can contend for the title when the new Formula 1 season gets underway in March.

German Formula One driver Michael Schumacher poses on a F1 racecar during the  presentation of the new Mercedes GP Petronas F1 team in the Mercedes-benz museum in Stuttgart, Germany, Monday, Jan. 25, 2010. [Photo:CFP/APN/Thomas Kienzle]

Ross Brawn and Michael Schumacher were reunited when the new Mercedes Formula One team was unveiled on Monday. They combined for success at Ferrari, but this season, Schumacher will be the oldest driver to compete in F-1.

Michael Schumacher, the driver of Mercedes Formula One Team, says, "Well I'm really excited as you can imagine. Three years without driving. Something important to me. To see the combination that I'm now joining into and basically that's the reason why I accepted this offer."