Mercedes-Benz will promote its high performance AMG division through Formula One from next season.

As a result, the manufacturer announced today that it will change its team name to 'Mercedes AMG Petronas Formula 1 Team'.

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

"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. Sixteen of the 24 drivers on the grid at the season's final Grand Prix in Brazil have, or have had, a connection to Mercedes-Benz.

"In addition to the role of a works team, our commitment to Formula 1 comprises the customer engine programme and supply of the official safety and medical cars.