However, one crucial member of their team has stated that despite developing some of the most all-conquering machines the sport has ever seen, they still fell behind their own projections.
Andrew Shovlin, who has been a vital part of Mercedes since 2011, reminisced to Sky Sports F1 in Japan about their previous engineering triumphs.
"When we launched our best cars, 2015 or 2019, those years, we didn't know they were going to be great cars when we developed them, you are just working as hard as you can trying to find as much performance as you can," he said.
"On a lot of those cars, we missed targets by quite a chunk in terms of performance but what we do know is that if you don't set very ambitious targets, you're probably not setting them high enough."
Shovlin: Mercedes ‘very open-minded’
Following F1's most recent regulation change for the start of the 2022 season, Mercedes have fallen away slightly from their own lofty expectations.
But despite not possessing the fastest car on the grid, their ingenuity with the attempted 'zero sidepod' chassis shows they are willing to risk heavily.
Shovlin is well aware of this gamble but notes that they are currently working without being swayed from their success in the past.
"We are certainly not clinging on to any concepts that we've had before," he said.
"We are very open-minded. We've had a pretty chastening couple of years, and we are a team that's working very hard to try and get back to the front."
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