The sky’s the limit for Michael Schumacher

Michael Schumacher is showing no signs of slowing down despite making millions from his time in Formula 1 – Schumacher is forging ahead with business ventures, the latest being putting his name to a new skyscraper in Dubai. Schumacher is set to make around 5 million euros from the deal on the 29 storey high complex, named the Michael Schumacher Business Avenue.

Schumacher s manager Willi Weber has confirmed the skyscraper deal and has also said that office space within the building sold out in three days. “Demand was enormous,” he explained. “Within three days, all offices were sold.”

The complex overlooks one of the top hotels in Dubai, the Burk Al Arab, and is planned to hold apartments as well as office space. The skyscraper is due to officially open in 2010.