This is F1Minute - Nico Rosberg re-signs with Mercedes until end of 2013.

Mercedes have announced an extension to their contract with German driver Nico Rosberg until the end of 2013, with options on the seasons following that as well. Rosberg has been with the team for two years now, and will continue for at least another two more, and he is very happy with the decision.

Talking of the deal, Rosberg 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 1.”

Meanwhile, Team Principal Ross Brawn speaks very highly of Nico, saying: “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.”

Talking of Michael Schumacher, the news of Rosberg’s extended deal has not made the multi-champion think too hard on his future yet. He’s contracted until the end of 2012, and says: “I need a little bit more time to see about myself and how we are heading, and some input to see if that is what I want or not.”