Nov.10 (GMM/ Michael Schumacher on Thursday insisted he is not yet even talking to Mercedes about extending his contract beyond 2012.

His teammate Nico Rosberg has inked a new multi year deal beyond 2013, and earlier this week it was reported that Schumacher is set to do the same.

But Schumacher said in Abu Dhabi when asked about the possibility of a new deal: “It’s not the time to talk about it.

“Whether I want to extend my future in this sport and for how long is something I have to decide for myself in due time,” the 42-year-old is quoted by SID news agency.

As for Rosberg’s new deal, Schumacher described it is a “perfectly reasonable and good decision. Frankly I would not have expected something else”.

The Rosberg news, however, followed speculation he might replace Felipe Massa at Ferrari, with some reports saying he even visited Maranello recently.

“That (story) was completely out of thin air,” Rosberg said in Abu Dhabi. “At the time the new (Mercedes) contract had been made long ago.”