Lewis Hamilton has signed a three-year deal with the Mercedes Formula One team and will replace seven times world champion Michael Schumacher, Mercedes said today.
The move for the 2008 world champion comes after Mercedes-Benz signed a new commercial agreement with the sport's commercial rights holders, guaranteeing the team's long-term commitment.
There was no word on Schumacher's future plans.
Austrian Niki Lauda, a triple world champion, will join the team as a non-executive chairman of the board.
McLaren has announced Mexican Sergio Perez as Hamilton's replacement. He will be leaving Sauber.