MONTE CARLO, MONACO - MAY 26: Michael Schumacher of Germany and Mercedes GP celebrates setting the fastest time before his five place grid penalty during qualifying for the Monaco Formula One Grand Prix at the Circuit de Monaco on May 26, 2012 in Monte Carlo, Monaco. (Photo by Paul Gilham/Getty Images)

Michael Schumacher insists he won’t let a string of technical problems stand in the way of a possible contract renewal at the Mercedes Formula One team.

The seven-times champion Schumacher said in an interview published in Tuesday's edition of Motorsport Aktuell magazine that he didn't want to decide his future based on emotions.

“It will have no influence.”

Schumacher said of his disastrous start into the season: “You must take other things into account when you make decisions with such an impact.”

The 43-year-old has a meagre two points from seven 2012 races in which he was stopped four times by technical problems and once by an accident.

Schumacher came out of retirement in 2010 as he joined Mercedes on a three-year contract.

He is yet to win a race for them.

But Schumacher was first in qualifying at the recent Monte Carlo Grand Prix and team mate Nico Rosberg won the first race for Mercedes in more than five decades at the Chinese Grand Prix, indicating that the team has become more competitive this year.

“I will definitely not simply give up,” Schumacher said. “I continue to believe in our joint project and that we can do something great with Mercedes.”

Mercedes motorsport chief Norbert Haug said that the team and Schumacher “will sit together at a given time and reach a joint decision.” - Sapa-dpa