Jean Todt Will Stay On For 2007 F1 Season

Jean Todt, Ferrari's top Formula One man has renewed his contract for the 2007 season. According to Italian press he was given an offer he couldn't refuse to stay with Ferrari.

This may answer the question about whether Michael Schumacher will stay on with Ferrari for the 2007 Formula One season. Inside sources claim Schumacher was offered 100 million from BMW for one season, but Todt was instrumental in bringing Schumacher to Ferrari and said if Schumacher leaves he will leave also.