Chaired by Commission President Bernie Ecclestone and with FIA President Jean Todt in attendance, the F1 Commission is made up of key championship stakeholders from F1 teams, promoters, suppliers and sponsors.

The F1 Commission agreed that the Brawn team will be allowed to change its chassis name from Brawn to Mercedes. The team will continue to receive payments based on its historical performance. This has been granted on a one-off exceptional basis due to Mercedes-Benz's long-term involvement and commitment to Formula One.

"The reaction we've got from most of the other teams is positive," said Mercedes GP CEO Nick Fry to Autosport. "Why anyone would not want to wish the name Mercedes, which I think is one of the top three brand names in the world, to be on a chassis would be an interesting discussion to have."