European? NO
Retired? YES
Is this a footballer? NO
American? YES
A F1 driver? NO
Are we looking for the name of the person? YES (as confirmed to CdM above as 'a single identified individual')
Is what they are mainly remembered for (in) their post-retirement ... ? YES
... involvement in the sports world? NO
Schwarzenegger? NO but a fine guess
Recap? A somewhat timorous description of this character's previous sporting prowess and current status in the entertainment industry although, by and large, correct.