Mercedes-Benz, through its subsidiary Mercedes-Benz Grand Prix Limited, is currently involved in Formula One as a constructor under the name of Mercedes-AMG Petronas Formula One Team. The team is based in Brackley, Northamptonshire, United Kingdom, using a German licence. Mercedes-Benz competed in the pre-war European Championship winning three titles and debuted in Formula One in 1954, running a team for two years. The team is also known by their nickname, the "Silver Arrows".
After winning their first race at the 1954 French Grand Prix, driver Juan Manuel Fangio won another three Grands Prix to win the 1954 Drivers' Championship and repeated this success in 1955. Despite winning two Drivers' Championships, Mercedes-Benz withdrew from motor racing in response to the 1955 Le Mans disaster and did not return to Formula One until rejoining as an engine supplier in association with Ilmor, a British independent high-performance autosport engineering company later acquired by Mercedes, in 1994.
Mercedes has become one of the most successful teams in recent Formula One history, having achieved consecutive Drivers' and Constructors' Championships from 2014 to 2019. In 2014, Mercedes managed 11 one-two finishes beating McLaren's 1988 record of 10. The record was extended the following year with 12 one-two finishes. Mercedes also collected 16 victories in 2014 and 2015 apiece breaking McLaren (1988) and Ferrari's (2002, 2004) record of 15. In 2016, they extended this record with 19 wins.