Mercedes-Benz has announced that it has taken over the Brawn Formula 1 team and re-named it Mercedes Grand Prix after buying a 75.1 per cent stake in the squad.
Big news for the Brawn squad and bigger news for Mercedes-Benz who finally get their own team, the true Silver Arrows are making a return next year, the first time back as a full factory team since they withdraw from F1 in 1955. Says head of Mercedes cars, Dr Dieter Zetsche:
Mercedes will compete in the F1 world championship next year starting with its own factory team
Whilst it may seem like a bad turn for McLaren, you could imagine that their preference would be a little more autonomy, especially considering their recent automotive division PR about wanting to be considered in a similar light to Ferrari, an independently wealthy supercar manufacturer with a rich Formula 1 heritage.
