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Following their decision to withdraw from Formula 1, BMW will now focus on the touring car series, Formula BMW and the American Le Mans series.
BBC: BMW to quit F1 at end of season
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"The FIA regrets the announcement of BMW's intended withdrawal from Formula 1 but is not surprised by it, " a statement said.
BBC: BMW to quit F1 at end of season
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Seven members of the Formula One Teams Association, McLaren, Renault, Toyota, BMW Sauber, Brawn GP, Red Bull Racing and Toro Rosso gave Schumacher and Ferrari the green light.
CNN: Motorsport: Williams block Schu testing bid
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But he suspects Jaguar and BMW will be selling passenger models equipped with KERS long before Formula One has made its power-boosting technology a decisive factor in winning races.
ECONOMIST: Tech.view: Boost for Formula One | The
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"BMW definitely won't be the last, " says F1 analyst Christian Sylt of Formula Money.
BBC: What does BMW's exit mean for F1?