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.
Part of complete coverage on
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.
Rafael Nadal is still the "King of Clay" -- but his crown has slipped a bit, says CNN's Will Edmonds.
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
May 5, 2014 -- Updated 2359 GMT (0759 HKT)
The Ukrainian-born, British tennis star loses fight against liver cancer, just a few weeks after revealing that she was battling the disease.
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.
April 16, 2014 -- Updated 1238 GMT (2038 HKT)
It's no easy matter becoming a world class tennis player. It's even harder when everyone (really -- everyone) is calling you the "new Martina Hingis."
April 2, 2014 -- Updated 1420 GMT (2220 HKT)
At the 2009 Australian Open, French men's tennis was the talk of the town.
April 15, 2014 -- Updated 1800 GMT (0200 HKT)
Rafael Nadal may be most at home on a clay tennis court, but he has always found comfort on the sea.
March 21, 2014 -- Updated 1107 GMT (1907 HKT)
Tennis star Venus Williams reveals how she is beating the autoimmune disease that derailed her career.
March 5, 2014 -- Updated 1014 GMT (1814 HKT)
After two decades dedicated to the game, Amelie Mauresmo wants a second life -- one away from tennis.
Almost five years to the day after reducing Roger Federer to tears at the Australian Open, Rafael Nadal shed a few in his own loser's speech.
Today's five most popular stories