Mick Schumacher is tipped to carry the famous surname into Formula One as the newly-crowned European Formula Three champion finished the season with his 14th podium placing on Sunday. And from next year, the Formula 3 will receive the status global, and Schumacher will be able to compete there.
"Mick has the racing genes of Michael", said Gerhard Berger, boss of the German Touring Car championship.
Daniel Ticktum, Schumacher's closest rival for the championship, finished fifth and the British teenager is now the only driver who can catch the German with two races left.
Schumacher's success has generated huge interest in F3.
Taking to his official Twitter handle, the 19-year-old said that it was a great experience to live his dream, adding that he is grateful to have such a strong team behind him.
In September he racked up five straight wins, three on Germany's Nuerburgring followed by the first two at Austria's Spielberg circuit, to seize control of the drivers' championship.
He remains the most successful driver of all time, the only driver with seven World Championships, and also holds the all-time records for most wins (91), most fastest laps (77) and most races won in a season (13).
Michael Schumacher, 49, has not been seen in public since suffering serious head injuries during a skiing accident in December 2013 while skiing with Mick and his condition is a secret closely guarded by his family.
Finally racing as "Mick Schumacher", he stepped up to F4 racing in 2015.
This season, he has been a revelation for Prema Theodore Racing, with speculation that he will race in Formula Two next season - or step up to Formula One.