The new team will become known as Mercedes Grand Prix , with Brawn in control , while Mercedes-Benz Motorsport vice-president Norbert Haug will work with the F1 team and the engine team of Mercedes-Benz High Performance Engines . Formula will head up their own Formula One team from next season . The all-German car manufacturer take a 75.1 percent share in the Mercedes-Benz team . As part of the deal , Mercedes-Benz relinquish their 40 per cent stake in the McLaren team .
Formula will head up their own Formula One team from next season . The all-German car manufacturer take a 75.1 percent share in the Mercedes-Benz team . As part of the deal , Mercedes-Benz relinquish their 40 per cent stake in the McLaren team .