The world No. 1 said the players he plays with are clean.
It was the first time since 1994, when Schumacher took his first title at Benetton, that the award had not gone to the same year's Formula One champion.
The harsh punishment is part of a "Zero Tolerance" plan USA Track and Field hopes to implement next year.
McLaren's Spanish test driver Pedro de la Rosa, who will not compete on Sunday, was the fastest but it was Renault's championship leader and compatriot Fernando Alonso who came closest to his time.
The Colombian has promised Williams he will do all he can to help them win the constructors' title.
But BMW motorsport director Mario Theissen dismissed the comments, saying the driver himself was to blame.
The Renault driver said with a bit of passion and luck, and good performance from the car, he can win the US Grand Prix.
The Italian clocked the fastest qualifying lap in first qualifying for Sunday's U.S. Grand Prix.\n\n
Arsenal and six of their players, as well as two Manchester United players, were today charged by the Football Association following the ill-tempered goalless draw at Old Trafford.
Ferrari's Michael Schumacher can win a record sixth Formula One championship at Indianapolis on Sunday if circumstances go his way.
The defending F1 champion expects the title to be decided by a last-race duel between himself and the Colombian.
'I think you can assume that (the new contract will be signed),' the German said.
Jacques Villeneuve may have to take part in a Fame Academy-style contest if he wants to keep his Formula One seat.
Detroit Pistons beat the Indiana Pacers 86-67 to move into a 3-2 lead in the best-of-seven Eastern Conference semi-final series.
The United States-based players displaces Davis Cupper Rohan Bopanna.
Tracy McGrady scored 37 points as the Houston Rockets fought back from three losses to beat the Dallas Mavericks 101-83 in the NBA playoffs on Thursday.
Gilbert Arenas scored 32 points to lead the Wizards to a 117-99 home win over the Chicago Bulls.
"People talk about power, power, power, but there's still more to our game," said the American.
The US-based Indian was beaten by Nicholas Kiefer of Germany in the second round of the Indianapolis RCA championships.\n\n
Vince Carter scored 37 points to help the New Jersey Nets clinch the final playoff spot in the Eastern Conference with a 102-93 win over the Boston Celtics.\n
Jamal Crawford scored 21 points to help the New York Knicks end Boston's seven-game winning streak with a convincing 107-82 victory over the Celtics.
The former heavyweight champion said talking about Desiree Washington makes him so angry he wants to 'rape' her.
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