The 44 year-old, who quit racing for the second time in 2012, underwent emergency brain surgery to remove a blood clot and has been placed in a medically-induced coma as Schumacher is monitored by doctors around the clock.
The statement reads:
"We would like to thank the medical team who we know do everything possible to help Michael.
"We like to also thank the people from all around the world who have expressed their sympathy and sent their best wishes for Michael's recovery.
"We would like to ask the media to respect the privacy of us and our friends and thank them for their support.
Keep skier Schumacher is reported to have hit his head on a rock whilst taking to the slopes in France with his young son Mick, although was wearing a helmet which is said to have saved his life.
The seven-time world F1 champion is critically ill in a hospital in Grenoble following the incident, which has shaken the sporting world to it's core since hitting the headlines on Sunday night.
Michael Schumacher family release statement
Picture by Chris J. Moffett
A statement has been issued this afternoon by Michael Schumacher's press officer, Sabine Kehm as the Formula 1 racing legend continues to fight for his life following an horrific skiing accident on Sunday.
The 44 year-old, who quit racing for the second time in 2012, underwent emergency brain surgery to remove a blood clot and has been placed in a medically-induced coma as Schumacher is monitored by doctors around the clock.Tags: