The Bahrain International Circuit has announced that it is to name the first corner of the BIC track after seven-time F1 world champion Michael Schumacher.

The Middle Eastern venue, which is currently hosting the third and final test ahead of the 2014 season, celebrates its 10th anniversary this year, a milestone it will mark by naming the challenging first corner after the man who triumphed in the inaugural Bahrain Grand Prix and still holds the lap record.

A fitting way to pay tribute to a man who also had input in designing the venue - in particular the turn one right hander -, BIC chairman Zayed Al Zayani says it is a great honour to be naming a corner after F1's most decorated driver.

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"With the support of his family, it is a great privilege to be able to honour arguably the greatest racing driver in the history of F1 and someone who the people of Bahrain hold close to their hearts," he said. "From his first appearance at the BIC in 2004, he immediately became an inspiration for all those who love motorsport in the Kingdom and it is therefore natural for us to recognise him in this way."

"The team at the BIC continues to offer Michael and his family its best wishes."

The announcement comes as Schumacher continues his fight for recovery, two months on from the skiing accident that left him in a drug-induced coma.

"Michael's family would like to thank the Bahrain International Circuit for this gesture, acknowledging Michael's achievements in Formula One and interest in the BIC circuit design," said Sabine Kehm, speaking on behalf of the Schumacher family.

"We take it as a recognition for his passion for motorsport. I am convinced Michael will love the idea and feel very honoured about having a BIC corner named after him."

The 2014 Bahrain Grand Prix will be run under floodlights for the first time this season to become the second F1 night race on the calendar.