Seven-times Formula 1 world champion Michael Schumacher has come out of retirement after signing for Mercedes.
The German, who will be 41 on 3 January, was unveiled at the Mercedes factory in Brackley, Northamptonshire.
Schumacher will partner compatriot Nico Rosberg in the team that won the drivers' and constructors' titles in 2009 in its former guise as Brawn.
"After three years I have the energy back and I'm ready for some serious stuff," Schumacher said.
Schumacher retired at the end of 2006 but will now return to the sport he dominated after signing a one-year deal and it is likely he will have the option to continue beyond 2010 if his returns goes well.
The 41-year-old will reportedly earn £6.2m after signing up to reunite with Mercedes team principal Ross Brawn, who masterminded all seven of his titles, the first two with Benetton in 1994-5 and the subsequent five with Ferrari from 2000-4.
606: DEBATE
I don't like Schumacher but it's a great boost for F1
KimiRaikkonen1
Schumacher was forced to call off a planned temporary comeback as a stand-in for injured Ferrari driver Felipe Massa last season because of a neck injury sustained in a motorcycle accident last February.
But Schumacher recently underwent medical checks and is confident he is back to full fitness.
"It wasn't OK in the summer, but it's had the time to heal completely," Schumacher explained.
"There is no further issue with the neck - 100%."
Schumacher's former Benetton team-mate Johnny Herbert told BBC Radio 5 live: "The fitness side is very, very important, but the way Michael keeps himself in shape - he brought the physical aspects of F1 up a couple of notches - it isn't going to be an issue.
"I don't know of anyone that has gone out of F1 and come back and actually achieved something by coming back. Alain Prost wasn't the same when he came back but because of Michael's mentality it is different."
This summer Schumacher signed a revised contract as a consultant for Ferrari, but he told Ferrari president Luca di Montezemolo last week that he was "very close" to concluding a deal to race for Mercedes.
Jonathan Legard on Schumacher return
Ferrari have had to release him from his contract to enable him to race for the "Silver Arrows."
The returning Mercedes team are known to want German rising star Sebastian Vettel in the long term, but the 22-year-old is contracted to Red Bull until the end of 2012.
Rosberg, who signed for Mercedes shortly after the season ended, has already warned Schumacher he faces a tough task getting back up to speed with F1 but said he would welcome him as a team-mate.
"It will not be easy for him," Rosberg was quoted in German newspaper Stuttgarter Zeitung.
"When you stay away from F1 for a long time, it takes time to get used to all the test sessions again. It's not simple.
"If he did join that would be an absolutely fantastic move."
Schumacher's comeback is the most high profile in F1 since Austrian Niki Lauda came out of a two-year retirement for the 1982 season to race for McLaren.
Lauda, who was 33 at the time, went on to win a third world title in 1984.
Juan Manuel Fangio is Formula 1's oldest world champion, the Argentine won a fifth world championship at the age of 46 before retiring.
Nigel Mansell won the 1994 Australian Grand Prix at the age of 41, having stepped in as a substitute for Williams for four races following the death of Ayrton Senna.
Schumacher's former Ferrari team-mate, Eddie Irvine, told the BBC last week that he expected Schumacher would win races, even though he would not be as powerful a force as before. .
He's not at the peak of his game, but he's still good enough to win races
Eddie Irvine
"The speed will be there, though he won't be as fast as he was seven years ago," Irvine said.
"He's not at the peak of his game, but he's still good enough to win races as he has such an immense talent. It's still four wheels, a steering wheel and an engine and there's never been anyone better than Michael."
Irvine said he thought Schumacher would be at a disadvantage in wheel-to-wheel racing compared to the younger generation of drivers such as 2008 world champion Lewis Hamilton.
"Lewis isn't going to back off, but Michael will have to because he'll be 41," Irvine said.
The BBC's F1 commentator Jonathan Legard believes Schumacher can compete with the likes of Hamilton and Button if he is given a competitive enough car.
"He wouldn't do something unless he knew he could do it justice," he said. "If Mercedes are any good he'll be in the top four, maybe even pitching for the Championship."
Schumacher's decision brings his career to a neat conclusion - Mercedes, for whom he was racing in sportscars at the time, paid for his F1 debut with Jordan in 1991 but he has never raced for them in F1.
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