Former world No. 1 Ferrero calls time on tennis career
September 14, 2012 -- Updated 1418 GMT (2218 HKT)
Juan Carlos Ferrero won the French Open and reached the top of the world rankings in 2003.
- Juan Carlos Ferrero announces his retirement from professional tennis
- The Spaniard won his sole grand slam title at the 2003 French Open
- Ferrero reached world No. 1 after finishing runner-up at the 2003 U.S. Open
- The 32-year-old's last pro title came in Stuttgart last year
(CNN) -- In September 2003 Juan Carlos Ferrero finished runner-up at the U.S. and moved to the top of the world rankings, having won the French Open title three months earlier.
On Wednesday, the Spaniard announced he was calling time on a professional tennis career which has seen him win 16 titles and collect over $13 million in prize money.
"The Valencia Open 500 will be my last tournament, on the best stage possible," the 32-year-old, who hails from nearby Villena, told the October event's official website.
"This season, injuries have prevented me from playing continually and it has been a complicated year because I noticed on the court that I did not have the same ambition after 14 years at the top level."
Ferrero hasn't played for two months due to injury, and a lack of form and fitness has seen him slip to 111th in the world rankings.
In addition to his grand slam triumph at Roland Garros, Ferrero was also part of the Spanish teams who won the Davis Cup in both 2000 and 2004.
"Among my memories, the Davis Cup in 2000 stands out because then I understood how important it is for the country, but for a player winning a grand slam or becoming world number one is the most important."
After losing the 2003 U.S. Open final to Andy Roddick, Ferrero became only the second Spanish player to ever reach world No. 1.
Ferrero's last title came in Stuttgart in June 2011, with his last appearance in a grand slam quarterfinal coming at Wimbledon in 2009.
Today's five most popular stories
Part of complete coverage on
September 11, 2014 -- Updated 1248 GMT (2048 HKT)
His distinctive crocodile logo is seen on clothing all over the world, but Rene Lacoste also left a lasting legacy in the development of tennis.
September 9, 2014 -- Updated 0636 GMT (1436 HKT)
Marin Cilic follows in the footsteps of his coach Goran Ivanicevic by claiming a grand slam crown for Croatia, winning the U.S. Open.
September 14, 2014 -- Updated 1334 GMT (2134 HKT)
Serena Williams is without peer in the modern women's game and now she is on a par with two American tennis legends from the past.
September 2, 2014 -- Updated 1321 GMT (2121 HKT)
Over the course of her remarkable life, Althea Gibson was many things to many people -- but it was tennis where she really left her mark.
August 27, 2014 -- Updated 1145 GMT (1945 HKT)
Canada and tennis? Really? Yup. The North American tennis power balance is swinging away from the States.
August 21, 2014 -- Updated 1252 GMT (2052 HKT)
As a player he was as fiery as his hair -- and as Novak Djokovic's coach, Boris Becker says he has to battle to keep his emotions in check.
August 20, 2014 -- Updated 1102 GMT (1902 HKT)
Tennis great Boris Becker says he was stunned by the level of criticism he received after being appointed as Novak Djokovic's coach.
July 25, 2014 -- Updated 1101 GMT (1901 HKT)
"I didn't cry once when I practiced in front of the mirror," says Martin Emmrich. But the nerves kicked in when he got down on one knee on court.
June 30, 2014 -- Updated 1135 GMT (1935 HKT)
When Agnieszka Radwanska refused to look her opponent in the eye after losing at Wimbledon, it raised more than eyebrows.
June 23, 2014 -- Updated 0114 GMT (0914 HKT)
It's 10 years since a teenage Maria Sharapova became the darling of Wimbledon's hallowed Center Court, launching herself as a star.
May 23, 2014 -- Updated 0746 GMT (1546 HKT)
He's regularly voted France's favorite famous person, but many of the nation's youth have "no idea" about his glorious sporting past
April 29, 2014 -- Updated 1555 GMT (2355 HKT)
Five-time grand slam champion Martina Hingis has followed her mom into a coaching role, setting up a new tennis academy in Barcelona, Spain.