Daimler AG, through its Mercedes-Benz brand, has been involved in Formula One as both team owner and engine manufacturer for various periods since 1954. Their currently owned team operates under the name of Mercedes-AMG Petronas F1 Team, and is based in Brackley, England, using a German licence. Mercedes-branded teams are often referred to by their nickname, the "Silver Arrows".
Reuters - Sports
Mercedes Formula One team announced Friday (December 18) that petrochemicals giant Ineos had acquired a one third stake in the..