Nov.16 (GMM) Michael Schumacher has bought a 200-hectare ranch in Texas, according to the German newspaper Bild.

The report said the seven time world champion's equestrian-loving wife Corinna has already started breeding riding horses at the property, where they have been staying in the past few days.

The ranch has stables for 36 horses, Bild added, but quoted Schumacher as insisting: "No, no, we're going to keep living in Switzerland.

"But we will also be here and plan to spend more time here," said the Mercedes driver in Austin, Texas, ahead of the US grand prix.

Schumacher, 43, is returning to retirement after next weekend's Brazilian grand prix.

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