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Mercedes-Benz, a German automotive 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-Benz Grand Prix Limited, competing as Mercedes-AMG Petronas Formula One Team, is based in Brackley, England, and holds a German racing 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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