Mercedes-Benz is a legendary German automobile manufacturer and a division of the multinational automotive corporation Daimler AG. Established in 1926, it is one of the oldest and one of the best-recognised car brands in the world. One of its founders, Karl Benz, in 1886 created the first petrol-powered car in the world. The Mercedes-Benz is well known for luxury vehicles, but it also produces commercial vehicles, including vans, buses, and trucks. The performance versions of its cars are creating by Mercedes AMG division. It headquartered in Stuttgart, Baden-Württemberg, Germany. The Mercedes-Benz has a long history in motorsports, but the golden age of his success on the race track was in the period from 1923 to 1939.