According to reports, Schumacher was testing his Honda 1000 CBR-Fireblade at a racetrack in Cartagena when the accident happened and was taken to hospital.
"Today I had an accident at the biking tests in Cartagena, and to be safe I went to a hospital," the seven times world champion said on his official website.
"The checks showed nothing and I just wanted to say that I am fine."
The doctors diagnosed a mild concussion, while Schumacher himself complained of pain in his right wrist, according to a report in Cologne's Express newspaper.
His team boss Jens Holzhauer told the paper: "This was not as bad as it sounds. It was a harmless slip and a quite normal training fall. He will still fly home this evening."
A spokesman for the Virgen de Arrixaca Hospital in the nearby city of Murcia confirmed he had been taken to the hospital but was not able to provide information regarding the extend of his injuries.
Schumacher, 40, who retired from Formula One in 2006, won 91 races in a 16-year career with Jordan, Benetton and Ferrari encompassing 250 races.
The German, who won his first title under Fabio Briatore at Benetton in 1994, won a record five consecutive drivers' titles between 2000 and 2004 when in the red of Ferrari, and also claimed seven straight victories in individual grand prix during the 2004 season.
Schumacher is the only Formula One driver to have an entire season of podium finishes, a feat he accomplished in 2002.
Since his participation in a FIA European road safety campaign, as part of his punishment after a collision at the 1997 European Grand Prix, Schumacher has continued to support other campaigns, such as Make Roads Safe, which is led by the FIA Foundation and calls on G8 countries and the UN to recognise global road deaths as a major global health issue.
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