Nico Rosberg will remain with Mercedes GP Petronas until at least the end of 2013.
The team announced today that it has agreed to a multi-year contract extension that will see him stay with the team until 2013 and beyond.
The signing of Rosberg ensures that Mercedes GP will enjoy stability in its driver line-up for a third-consecutive season, driving alongside compatriot Michael Schumacher.
Rosberg has been with the team since it was formed out of the remains of Brawn GP in 2010, scoring three podium results. He currently sits seventh in the driver’s championship.
Having achieved podium results, the German said that he wants to lead the team to a race win.
“I am very excited to have extended my contract with the Mercedes GP Petronas team,” he said.
“To win in a Silver Arrow will be one of the highlights of my life so far, and I greatly enjoy helping to lead our team in our quest to become the best in Formula One.
“I have every confidence that the team will provide me with a winning car, and that we will be able to contribute to the fantastic racing heritage of the Silver Arrows. I look forward to great times in the years ahead with the Mercedes-Benz family.”
Team Principal Ross Brawn says that in Rosberg, he has the right man for the job.
“We are delighted to have extended our contract with Nico as we know that he is a driver who can win races and championships,” Brawn said.
“Nico has performed exceptionally well for our Silver Arrows team over the past two seasons, achieving results at the very limit of the technical capabilities of our current car. He has an excellent work ethic and, together with Michael, this gives us a driver pairing who consistently push the team to improve and progress.
“As we continue to strengthen our team for the future, we look forward to providing Nico with a car which will enable him to compete right at the front of the field and achieve his deserved first win in Formula One.”
Formula One heads to its penultimate round at Abu Dhabi this weekend.