Just days after Michael Schumacher confirmed a sensational return to F1, brother Ralf has admitted that he too would be willing to make a return.

According to Ferrari president Luca di Montezemolo Formula 1 will still need to improve the show. If the sport won't be improved the Italian car manufacturer could turn its back to the sport at the end of the 2012 season.

With the Australian Grand Prix yet to find a title sponsor, there are fears that hard-pressed taxpayers will be required to meet the shortfall.

Bernie Ecclestone picks Sebastian Vettel as the next world champion, plus other stories and rumours

According to Ferrari Formula 1 test driver Marc Gene the seven-time Formula 1 champion Michael Schumacher would be racing at Ferrari if the rules would have allowed F1 teams to run up to three cars in 2010. In that case Ferrari would be racing with Felipe Massa, Fernando Alonso and Michael Schumacher in 2010 according to the Spaniard.