A sponsorship deal with Petronas was then struck, with the team rebranded as the Mercedes GP Petronas Formula 1 team.

Mercedes-Benz's parent company Daimler AG bought a minority stake in the Brawn GP team prior to the start of the 2010 F1 season. Mercedes opted to withdraw from the world of motorsport, including F1, at the end of the season. However, the 1955 disaster at the 24 Hours of Le Mans killed Mercedes-Benz driver Pierre Levegh, along with 80 spectators, and resulted in the cancellation of the French, German, Spanish and Swiss Grands Prix. The Argentine finished ahead of his teammate in the standings to take his second Drivers' Championship. Fangio won four races, while teammate Stirling Moss took the chequered flag at the British Grand Prix.

That success continued in 1955, as Mercedes dominated once again. The Argentine took the chequered flag ahead of teammate Karl Kling, with Fangio adding another three wins during the rest of the season to claim the title. Mercedes experienced instant success with Juan Manuel Fangio, who joined from Maserati mid-season in time for the French Grand Prix.

Under the leadership of Alfred Neubauer, the team ran the Mercedes-Benz W196 that featured a conventional open-wheeled configuration and a streamlined form. Whilst the team's heritage can be traced back to the 1930s, their first foray into what was by then the official Formula 1 championship came in 1954. German manufacturer Mercedes have a rich history in Formula 1. Early F1 success and withdrawal from motorsport

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