Schu staying put as Mercedes looks towards 2011
But after a difficult re-acclimatization, it had been widely speculated that the 41-year-old might prefer to step back out of the race cockpit at the end of 2010.
Boss Ross Brawn said in Turkey that he hopes both Schumacher and Nico Rosberg stay at the team in 2011.
Schumacher's younger brother Ralf also thinks the seven time world champion is staying put.
"I think he's pretty happy with what he's doing and, as far as I know, it's a three-year plan, so I'm sure we'll see him around for a while," he told 422race.com.
And Schumacher himself is quoted as saying on Thursday: "For me this is not a one-year project."
That commitment might lead to Mercedes eventually calling off development of the silver MGP-01 in order to concentrate early on its 2011 successor.
"By mid-season, we must look to put the F-duct in and catch up to the top," Brawn added. "If it is worthwhile to keep attacking then we will do it, if not we will concentrate everything on 2011."
The Briton told Italy's Autosprint magazine that he still thinks the pacesetting Red Bull cars are still within reach.
"Some aspects of their car is different from all the others," he explained. "Other teams will introduce these elements in the next races.
"I know that everyone is looking with great interest at their exhaust system," said Brawn.