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Michael Schumacher pledges 500,000 euros to flood fund

Berlin:  Seven-times Formula One world champion Michael Schumacher has pledged 500,000 euros ($670,000, £430,000) to victims of the recent flooding which caused havoc in southern Germany, it was reported on Wednesday.Germany was one of a number of central European countries badly affected by flooding after both the Elbe and Danube rivers reached record highs because of heavy rainfall earlier this month.German Chancellor Angela Merkel has pledged eight billion euros to help her country's victims, who were forced out of their homes by the rising waters.The 44-year-old Schumacher auctioned a signed race suit and when it reached 50,000 euros, the German Formula One legend vowed to...
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