By ESPNSTAR.com staff
The legendary driver has always spoken highly of the younger German, who stormed to the title in the past season. In the current campaign, however, Vettel has registered just one win, at the Bahrain Grand Prix, and lies 42 points behind championship leader Fernando Alonso.
Schumacher is not concerned that Vettel could lose out on winning a third consecutive championship and called on the 25-year-old to learn from potential failure.
"Sebastian is a great guy and a great driver, but he is dealing with a different situation now in a learning process," Schumacher was quoted as saying in an interview with Bild am Sonntag.
"To be a good winner, one must also be able to lose, it is a part of your development.
"Only when you have learned to lose can you respect and enjoy winning even more."
He also went on to praise Alonso's showing in the current season. The Spaniard has been the most consistent driver on the race track and remains the only driver to have secured at least a point in every race so far.
"There are phases like that when everything seems to work out, but he [Alonso] has worked for it," Schumacher continued.
The 43-year-old German has yet to secure a win since he made his return to the sport in 2010. But the ex-Ferrari driver stated that he's enjoying his time on the circuit and has no regrets at coming out of retirement and signing up for the Brackley-based outfit.
"It is part of life's ups and downs.
"So far I have not regretted my comeback for a second. There have been a lot of good moments, even if to the outside it hasn't appeared so.
"We don't need to talk about winning the championship this year. And whether the journey goes on next year is not clear yet."
Schumacher will participate in his 300th grand prix at the Belgian Grand Prix on Sunday.