IT’S been nearly five years since Michael Schumacher’s horrific skiing accident that left him with a brain injury.

As fans wait for more news about the seven-time world Formula 1 champion’s condition, they have now been given the chance to see some of his most prized possessions.

A mini museum has been set up where the public can go and view Schumacher’s private collection of his most coveted cars, trophies, helmets, hats and firesuits from his high-profile motorsport career.

The retired German driver’s collection was unveiled at the newly established Motorworld in Cologne, Germany.

Organisers are expecting up to half a million Schumacher fans to visit each year.

Schumacher’s famous red wig is also on display, which he previously wore in honour of Ferrari while on the podium.

Fans will be able to get up close to his seven Ferraris that are also on display.

The exhibit also includes his championship-winning Benettons and the Jordan he debuted in 1991.

There are also lots of family photos, press-clippings and videos and testimonies from former team bosses including Jean Todt and Flavio Briatore and Schumacher’s F1 drivers Sebastian Vettel and Felipe Massa.

Fans will also see Schumacher’s Bambi Trophy, which he was awarded in 2014 while in recovery. The Bambi “Millennium” Award recognised his many years of service and inspiration to the German people.

His manager Sabine Kehm accepted the award on his behalf.

Ms Kehm, said the exhibit was an expression of thanks to his devoted fans.

“It displays significant pieces from his personal collection,” she said,

“The fact that this exhibition has found a home at Motorworld Cologne Rhineland is perfect for us.

“It’s situated a few kilometres away from Michael’s hometown of Kerpen, while sharing a passion for cars.”

The exhibit opens this weekend and will be free to visit seven days a week.

Schumacher‘s accident occurred on December 29, 2013, while skiing with his teenage son Mick in the French Alps at Meribel.

He hit the right side of his head on a rock, splitting open his helmet. Doctors worked frantically to remove blood clots from his brain.

Schumacher’s condition stabilised after he was placed in a drug-induced coma. He came out of it in 2014 and was later released from hospital.

Schumacher is still recovering at his private home in the Swiss town of Gland on the shores of Lake Geneva.

Details about the 49-year-old German’s health remain a mystery.