F1 commercial rights holder Bernie Ecclestone has said that Michael Schumacher would make a good team principal when he decided to retire from racing for the second times.

The seven-time champion will celebrate 20 years in the sport this weekend at Spa having made his debut in the Belgian Grand Prix with Jordan back in 1991 and is currently in the second year of a three-year deal with Mercedes having come out of retirement last year.

Although he has so far been unable to replicate the kind of results that saw him win championship titles with both Benetton and Ferrari, Schumacher has insisted that he remains committed to the team for the duration of his contract.

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Insisting that he didn't expect the German to leave the sport any time soon, Ecclestone said he felt Schumacher would have plenty to offer in other roles when he does decide to hang up his helmet for good.

"I can not see Michael leaving Formula One until he believes that the team is not competitive and he really thinks it's time to go," Ecclestone told DPA. "When he does decide to stop, I think he should run a team. With his experience and his talent, he would be first class."

If he did elect to take up a role running a team, Schumacher wouldn't the first driver to try his hand in the position, with the likes of Jackie Stewart, John Surtees and Alain Prost amongst those to have run teams after their racing careers ended.