Mick Schumacher on the cusp of F3 seat

Mick Schumacher has admitted he is poised to step up to one of the most elite racing series, Formula Three.

The series has been praised and given huge importance by many current F1 drivers as they say if you can race well in Formula Three, you can race well in Formula One.

Teenager Lance Stroll won the championship a couple of weeks ago and will now step up into Formula One to race with Williams next year.

That is the category that Mick Schumacher is likely to contest next year, as the young German is currently testing for the Prema F3 team in Germany.

"I'm going to race in Formula 3 -- hopefully," Schumacher, who this year finished runner-up in the German and the Italian F4 categories.

"The key thing for me is to collect more experience. If it works out, my full focus will be on Formula 3," he added.

European F3 supports the German touring car series DTM, whose boss Hans Werner Aufrecht admitted he is looking forward to Schumacher's next step.

"It's just incredible how this name fascinates people," he said. "Of course he will help us in many areas."

Meanwhile, Michael Schumacher's former F1 boss Ross Brawn has told the BBC there are "encouraging signs" about the health of the seven time world champion.

"There are encouraging signs and we are all praying every day that we see some more progress and that one day we can see Michael out and about and recovered from his terrible injuries," he said.