Mercedes officially confirms that it has signed two-year contract extension with Nico Rosberg.

"We are delighted to announce that the Mercedes AMG Petronas Formula 1 Team has signed a two-year contract extension with Nico Rosberg for the 2017 and 2018 Formula One seasons," said the team in a brief statement this morning.

"Nico has been a core member of the Silver Arrows since the team returned to the sport in 2010 and has played a crucial role in the team's success in that time.

He has scored 19 Grand Prix wins and 25 pole positions so far with Mercedes-Benz and is currently leading the Drivers' World Championship.

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Official: Rosberg agrees contract extension

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