Nico Rosberg has been given an emphatic seal of approval by his employers, Mercedes GP, by signing a new multi-year contract ahead of his and the team’s home Grand Prix.

Monaco resident tax exile, Rosberg, declared  “I am very proud to drive the Formula 1 Silver Arrow of the modern era,” Rosberg said.

“As a German, the heritage of Mercedes-Benz is very special for me, and I am proud to be able to represent the best car brand around the world.

“It has been a difficult road to get to where we are now – but everybody kept believing and, thanks to the fantastic support from Mercedes-Benz, we are now leading the way in F1.

“I’m looking forward to the next years together, when we will keep pushing to win even more races – and, hopefully, championships.”

Rosberg currently leads his team mate, Lewis Hamilton, by four points in the drivers championship compared to Hamilton’s five but Rosberg has only suffered one retirement, Hamilton two.

The season has been dominated by the Mercedes F1 team, which is based in Brackley about 5 miles from the Silverstone circuit.

Team boss, Toto Wolff, added: “Nico has been part of the Silver Arrows project since day one and he has a big stake in the development of the team since 2010. His speed, commitment and focus have all helped to give clear direction and to drive the team forward.

“With his performances in 2014, Nico has demonstrated to the outside world what we knew already in the team: that he is one of the very top drivers in Formula 1.

“This new contract brings us important stability and continuity for the future and I am delighted to be able to make the announcement in time for the home race of Mercedes-Benz and Nico in Hockenheim.”