Brackley's Mercedes-Benz Formula 1 team will compete under the name Mercedes AMG Petronas Formula One Team from next season.

AMG is the performance brand of Mercedes-Benz, and has been synonymous with performance, sportiness, exciting driving and motorsport success for more than 40 years.

Norbert Haug, Vice President, Mercedes-Benz Motorsport, said: "Our new team name fuses the proud traditions of AMG and the Mercedes-Benz Silver Arrows at the pinnacle of motorsport.

"These three letters are synonymous with high technology, sporting performance and excitement and this step is a further strong sign of the strategic commitment Mercedes-Benz has made to Formula One."

The Mercedes AMG brand is the most successful in the history of the German Touring Car championship, winning 165 races from 342 since 1988 and securing a total of 32 driver, manufacturer and team titles.

AMG has also been active in the world of Formula One since 1996, supplying both the Formula 1 safety car and the Formula 1 medical car.