2016 FIA Formula One World Champion elect Nico Rosberg today announced that he will stop racing in Formula One with immediate effect. In an emotional address prior to the 2016 FIA Prize Giving in Vienna, Austria, Nico revealed the reasons behind his decision, which was reached following his crowning achievement in Abu Dhabi last Sunday. Nico has competed in a total of 206 Grands Prix and won 23 of them, placing him joint 12th on the all-time list alongside Nelson Piquet. He has scored 30 pole positions (8th all time) and 20 fastest laps. Last Sunday in Abu Dhabi, he became the first German driver to win a Formula One World Championship at the wheel of a Mercedes-Benz Silver Arrow.