Nico Rosberg wants to remain involved in racing

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Formula One world champion Nico Rosberg says he wants to stay involved in motorsport in some capacity in the future.

Rosberg announced his shock retirement from racing just five days after sealing his maiden F1 drivers' world championship, having beaten rival Lewis Hamilton to the title by five points at the season-finale in Abu Dhabi. The German has since become an ambassador for Mercedes and also made an appearance back in the F1 paddock during the first 2017 pre-season test at Barcelona.

While he has not yet decided what he would like to do long-term, Rosberg has ruled out a return to the cockpit.

"I'm looking for new ways and I'm positively relaxed about it," Rosberg said in an interview with Sport Bild. "One thing is for sure: I want to stick with racing in some capacity, whatever it may be. But I won't be coming back as a driver, no way. I'm thankful even though I put my life upside down by retiring from the sport.

"But I followed my heart and I'm totally happy to close my personal Formula One book with winning the world title. I achieved everything I set out to achieve. Now, my new life will be as big a challenge [as F1 was]. I want to be as successful. But now I can decide on my own what I want to do and I'm not being driven as much."

Rosberg -- who has already played down speculation linking him with a move to Formula E -- admits he is interested in team management, though he thinks an advisory role assisting other drivers in their careers would be a more likely scenario.

"I don't say no," he replied when asked about the possibility of becoming a team boss. "A lot is possible. However, at the moment I'm primarily working on social projects to help children and the less privileged. I want to give something back.

"This means a lot to me. I'm looking for a project I can put my whole heart into. There are plenty of possibilities. One could be, for example, to help other drivers to be successful, maybe as counsellor or in a management capacity."