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GoPro Shares Plummet after Schumacher Son Reportedly Blames Camera for Worsening Father's Injury

GoPro Shares Plummet after Schumacher Son Reportedly Blames Camera for Worsening Father's Injury

Shares in the mounted cameras used by sports men and women have fallen up to sixteen per cent, according to the Independent, following speculation that the son of Michael Schumacher blamed one for the severity of his father’s head injury.

The seven times Formula 1 World Champion suffered catastrophic head injuries during a fall in the resort of Meribel in the French Alps last December. He was put into a medically induced coma and underwent operations on his brain to alleviate his traumatic brain injury and spent his 45th birthday in a coma in hospital.

There has been very little news about the progress of the champion racing driver apart from brief reports from his spokeswoman Sabine Kehm that he is recovering in the family home in Gland on the banks of Lake Geneva. She has told journalists that Schumacher has “a long and difficult road ahead”.

The rumours surrounding the mounting of Schumacher’s GoPro camera started when well respected French journalist Jean Louis Moncet told radio station Europe 1 “The problem for Michael was not the hit, but the mounting of the GoPro camera that he had on his helmet that injured his brain.”

Reports circulated that this news had come from Schumacher’s eldest son, Mick, who competes in kart racing. Confusion surrounds the circumstances, with Moncet saying in his interview I saw his son and he told me that Schumi is waking up slowly; very slowly.”

However following the story going global, Moncet took to twitter twice, asking people to “Stop the Speculation”

I say I saw Mic Schumacher, I don’t say where, I don’t say I talk with him or I did an interview with him. Clear?

This was then followed by another message to his ten and a half thousand followers:

“STOP ALL SPECULATION 2. Mick could not say something about camera or injury of Michael because we did not speak together”

However these tweets have not stopped the downward descent of share prices with many believing that the journalist is backtracking from the original story, perhaps after pressure from the PR machine which surrounds billionaire Schumacher.

A spokesman for GoPro, Jeff Brown, said that the California-based company, said the camera maker is studying the reports and trying to get more information before issuing a statement on the situation.

“We are trying to get more information about the original report from Jean Louis Moncet. His tweet this morning suggests the comments didn’t come from a family member,” he added.


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