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MERCEDES GP SIGNS LONG-TERM AGREEMENT WITH PETRONAS

Press Information
21 December 2009

MERCEDES GP SIGNS LONG-TERM AGREEMENT WITH PETRONAS	

Stuttgart/Kuala Lumpur - Mercedes GP is delighted to announce the
signing of a long-term agreement with PETRONAS which will see the
Malaysian national oil and gas company become the title partner to the
new Silver Arrows works team.

From 2010, the new team will compete in the FIA Formula One World
Championship as the Mercedes GP PETRONAS Formula One Team and will carry
the distinctive PETRONAS branding across the car and team liveries.

Leveraging Mercedes-Benz's rich motorsport heritage and the
long-standing involvement of PETRONAS in Formula One, the new title
partnership also paves the way for future collaborations between the two
companies. For PETRONAS, the partnership will enable the oil and gas
giant to generate sustainable business growth, particularly in their
downstream lubricants market, through the strategic partnership and
business alliance with Mercedes-Benz, one of the most prestigious global
automotive brands.

The Mercedes GP PETRONAS Formula One Team's challenger for 2010 will
make its track debut in its new livery at Valencia on 1 February 2010
for the first of the pre-season tests ahead of the 2010 Formula One
season.

PETRONAS will continue to be the title sponsor of the PETRONAS Malaysian
Grand Prix, scheduled to be the third race of the new season, which will
take place at the Sepang International Circuit on 4 April 2010.

Norbert Haug, Vice-President of Mercedes-Benz Motorsports, said: "We are
very pleased to begin our long-term partnership with our new title
partner PETRONAS. Daimler, our premium brand Mercedes-Benz and PETRONAS
will work together both on and off the track and I am sure that
everybody involved will guarantee their absolute dedication to success.
PETRONAS' home base in Kuala Lumpur is located in the middle of a
fast-growing region for the automotive industry which makes this new
partnership even more valuable. Within the limits of the new Formula One
resource restrictions, the Mercedes GP PETRONAS Formula One Team will be
well positioned to achieve our goals. We will all strive to present
efficient success in the future knowing at the same time that the new
Formula One season with some fundamental rule changes will be a
particularly challenging one."

Ross Brawn, Team Principal of the Mercedes GP PETRONAS Formula One Team
commented: "Everyone at Mercedes GP is delighted to confirm our
long-term agreement with PETRONAS and we look forward to working closely
with our new partner in the future. The collaboration of the premium
automotive brand Mercedes-Benz and a company as prestigious as PETRONAS
gives our team a fantastic base from which to achieve our ambitions of
competing at the top level of Formula One and building on the success of
2009 which saw the team achieve the Constructors' and Drivers'
Championships. Our plans for the new season are progressing well, as is
the development of our 2010 challenger, and we look forward to seeing
the car run in the new Silver Arrows and PETRONAS livery at the Valencia
test in February." 

ENDS


Notes to Editors

Founded in 1974, PETRONAS or 'Petroliam Nasional Berhad' is Malaysia's
national oil and gas company. With global operations in over 30
countries, PETRONAS posted a net profit of 15.3 billion US dollars from
a turnover of 77 billion US dollars in fiscal year 2008/2009 (ending 31
March 2009). 

www.petronas.com


PETRONAS Media Contacts
Azman Ibrahim: Tel. +60 12 377 3431, Email: azmanc@petronas.com.my
Farah Aziz: Tel. +60 12 398 1145, Email:
farhaniaisyahaziz_aghani@petronas.com.my

Mercedes GP PETRONAS Media Contacts
Wolfgang Schattling: Tel. +49 711 178 4008, Email:
wolfgang.schattling@daimler.com 
Nicola Armstrong: Tel. +44 1280 844096, Email: narmstrong@brawngp.com 
Lars Soutschka: Tel. +49 711 178 4019, Email: lars.soutschka@daimler.com



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