Mercedes on Monday bought out F1 world champions Brawn GP in a move which is likely to see Jenson Button join McLaren next season.
The German car giant, which has taken a 75 percent stake in Ross Brawn's team, will be rebranded Mercedes GP.
Team principal Ross Brawn will remain in his role.
However, the future of his drivers is uncertain.
The outfit are expected to plump for Nico Rosberg as their main driver — a move that would be popular in Germany — with his countryman Nick Heidfeld his likely partner.
Neither driver has been confirmed although on Sunday Mercedes Sports boss Norbert Haug revealed he was attempting to secure Heidfeld, who has driven for BMW since 2006.