Mercedes-Benz, a brand of the Mercedes-Benz Group, has been involved in Formula One as both team owner and
engine
manufacturer for various periods since 1954. The current Mercedes-AMG Petronas F1 Team is based in Brackley,
England,
and possesses a German licence. An announcement was made in December 2020 that Ineos planned to take a
one third
equal ownership stake alongside the Mercedes-Benz Group and Toto Wolff; this came into effect on 25 January
2022.
Mercedes-branded teams are often referred to by the nickname, the "Silver Arrows".
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