Schumi & Ferrari up for Laureus award - 9th March 17:53pm GMT

Michael Schumacher and men's tennis number one Roger Federer were nominated on Tuesday for the Laureus World Sportsman of the Year award.

The pair will be up against American swimmer Michael Phelps, Moroccan athlete Hicham El Guerrouj, MotoGP champion Valentino Rossi and six-times Tour de France cycling champion Lance Armstrong.

Soccer has two nominees for the team award with Greece, who were upset winners at Euro 2004, and Portuguese club Porto who clinched the European Champions League.

Also in the running are Formula One champions Ferrari, baseball's World Series winners the Boston Red Sox, Olympic men's basketball champions Argentina and Europe's triumphant Ryder Cup golf team.

The winners will be announced on May 16 in Estoril, Portugal.