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".
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