Michael Schumacher is in a STABLE condition

You must have heard that the Formula 1 legend Micahel Schumacher is in a critical condition in a French hospital after a really bad fall while skiing in the french Alps.

Well, an update shows some cheery news as reported by Mirror, UK :

Michael Schumacher's manager Sabine Kehm has described the F1 legend's condition as 'stable'.

Kehm had originally scheduled a press conference for 10am (UK time) on New Year's Day, but called it off at the last minute and simply gave a statement outside the University Hospital in Grenoble. Read More>>

She said Michael Schumacher's condition had stabilized overnight, under the supervision of hospital staff, and there was therefore no need to give the press conference. Read More>>

The 'stable condition' is an improvement on his condition earlier in the week, though Kehm emphasized that despite the good news "we are still in a critical situation".

It is not yet clear if Schumacher will have to undergo more surgery, in addition to the two operations he has already been through since his skiing accident.

It is thought the F1 legend collided head first into a rock while skiing with friends in France.