Schuey and friends launch karting team
Seven-time Formula 1 World Champion Michael Schumacher is starting his own kart team. KSM Motorsport takes its name from the initials of its three founders: Peter Kaiser, Schumacher and Thomas Muchow. It plans to compete in domestic German events in its debut season in 2008. Schumacher said he “owed everything to karting” and that he was pleased to be doing something for the “promotion of young talent”.