Schumacher, who won the inaugural Bahrain Grand Prix in 2004 and helped with the design of the circuit, including turn one, remains in hospital following his skiing accident at the end of last year.
“With the support of his family, it is a great privilege to be able to honour arguably the greatest racing driver in the history of F1 and someone who the people of Bahrain hold close to their hearts,” said Zayed Al Zayani, BIC Chairman.
“From his first appearance at the BIC in 2004, he immediately became an inspiration for all those who love motorsport in the Kingdom and it is therefore natural for us to recognise him in this way. The team at the BIC continues to offer Michael and his family its best wishes.”
Schumacher’s manager, Sabine Kehm, added: “Michael's family would like to thank the Bahrain International Circuit for this gesture, acknowledging Michael's achievements in Formula One and interest in the BIC circuit design. We take it as a recognition for his passion for motorsport. I am convinced Michael will love the idea and feel very honoured about having a BIC corner named after him.”
The BIC is honouring Schumacher as part of its 10th anniversary, which will also be the venue’s first Formula One night race, the 2014 Formula 1 Gulf Air Bahrain Grand Prix on April 04-06.