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Seven time world champion Michael Schumacher has confirmed he will retire for good at the end of current Formula One season.Mercedes had already announced last week that Schumacher would be replaced by Lewis Hamilton next season and while there had been speculation the 43 year old German could move to Sauber he instead announced Thursday that he would end his career. Schumacher holds the record for number of championships and for grand prix wins, with 91. He began his career in 1991 and won two titles with Benetton then five for Ferrari. He initially retired in 2006 but made a comeback with Mercedes in 2010.Seven-times world Formula One champion Michael Schumacher is to retire from the sport for a second time at the end of the season, the German driver told reporters ahead of the Japanese Grand Prix on Thursday.His Mercedes team announced last week that Schumacher would be replaced by Briton Lewis Hamilton for the start of the 2013 campaign, leaving the 43-year-old without a drive, but rather than looking for another seat elsewhere, the German decided to call it a day.I have decided to retire at the end of the year," Schumacher told a packed crowd of journalists gathered around the team's hospitality area at the Suzuka circuit.