Throughout its long history, Mercedes-Benz has been involved in a range of successful motorsport activities, including sportscar racing, touring car racing, Grand Prix racing, and rallying. It is currently active in GT racing, and Formula One. Mercedes is also one of only three constructors to complete the Triple Crown of Motorsport, a feat that Mercedes achieved as both a chassis manufacturer and an engine manufacturer by winning the 1952 24 Hours of Le Mans.

The Monaco Grand Prix is a Formula One motor racing event held annually on the Circuit de Monaco, in late May or early June. Run since 1929, it is widely considered to be one of the most important and prestigious automobile races in the world, and is one of the races—along with the Indianapolis 500 and the 24 Hours of Le Mans—that form the Triple Crown of Motorsport. It is the only Grand Prix that does not adhere to the FIA's mandated 305-kilometre (190-mile) minimum race distance for F1 races.