Doctors are still trying to wake up Schumacher from his coma, three months after he suffered a devastating brain injury in a skiing accident in the French resort of Meribel.
The process of trying to bring him out of his medically-induced coma is now in its eighth week, and the duration of the process is leading to fears that Schumacher will never recover.
However, Schumacher's wife Corrina hopes that by spending a fraction of the family's £500m fortune, it will at least allow him to continue his treatment at their £25m estate on Lake Geneva.
A friend of the family for 25 years told the Sun: "Miracles happen, of course, and as a wealthy man he has the best care money can buy.
"But all the money in the world cannot fix what has happened to him. The family are making arrangements for a future of permanent immobility.
"Is there a sense of denial at play among them? I would say yes"
Schumacher has been in intensive care in Grenoble University Hospital since his December 29 accident in the Alpine resort of Meribel, in which he hit his head against a rock in an impact strong enough to crack his helmet.
After surgery to reduce bleeding and bruising he was placed in an induced coma and his body temperature was lowered to reduce the risk of further damage. The 'waking-up' process began at the end of January.
Schumacher's wife has been holding a bedside vigil for the past three months. The pair met in 1991 and have been inseparable ever since.
"She would view breaking faith with the hope of a miracle a betrayal, little better than treachery," the family friend told the Sun.
"'She feels that the family communes around his bedside pulsate their hope and love to him, and that of the millions of fans worldwide who share that faith.
"She can’t express defeat because that would be the end of her."
Updates on Schumacher's condition from the hospital have been sparing and earlier this week Formula 1's former chief doctor Dr Gary Hartstein told fans to "fear the worst". He added that the lack of information might actually help fans cope with bad news if it comes.
"Whereas I worried more than a bit about what was going to happen when and if really bad news got announced, I've realised that perhaps the lack of status updates has given us all a chance to move on a bit, to process what's happening, and to start to... detach," he wrote in his blog.
"And I think this is probably one of the unexpected 'benefits' to the media strategy chosen by Michael’s family. Somehow, I get the feeling that people are going to be ok, no matter what happens, because they’ve now had the time to process this all. I just regret that to get here, you’ve all had to work through feeling abandoned. That will go away too. I hope."
- Disease & Medical Conditions