But I have a hard time imagining a raw casting not getting pretty well oxidized over the years.
I want to believe there is some kind of sealant that will keep "fresh" aluminum looking fresh. I guess that given the surface texture of the casting, without some smoothing it will accumulate crud readily in all the tiny nooks and crannies. Thus, either it will need smoothing to remove the nooks, or a filler/sealer/paint to achieve the same smoothing.
Again, Wurth wheel paint or Krylon Dull Aluminum (is it still available?) would be my approach. Possibly you can consult with knowledgeable Mercedes painters, I understand their wheel paint code is available.
I've always thought M-B has some of the nicest shades of silver around. Maybe it's that their cars lend themselves to that color. Silver arrows, very nice though some of their recent stuff is you-glee.