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Benetton Formula Ltd., commonly referred to purely as Benetton, was a Formula One particular constructor that participated via 1986 to 2001. The team was owned by the Benetton family who run a worldwide chain of clothing stores with the same name. In 2000 the staff was purchased by Renault, but competed as Benetton to the 2000 and 2001 seasons. In 2002 the staff became Renault F1.The Benetton Group entered Formula One being a sponsor company for Tyrrell in 1983, then Alfa Romeo in 1984 and 1985 lastly Toleman in 1985. Benetton Formula Ltd. was formed at the tip of 1985 when this Toleman team was sold on the Benetton family. The team began with BMW engines after which it later switched to Ford then Renault and finally Playlife.

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The particular team was managed through Flavio Briatore from 1990 until 1997. In about 1991, TWR acquired a one-third stake within the team, bringing in Tom Walkinshaw and Ross Brawn to operate the engineering operations. Rocco Benetton, the youngest son connected with Luciano Benetton joined the team as Leader in 1998 and dismissed Briatore. He replaced him with Prodrive boss David Richards, who lasted only for the year when he also was fired, due to a disagreement with all the Benetton family about long term strategy. Following Richards' departure, Rocco Benetton managed the team for several years until its sale to be able to Renault.The Benetton team is best known for its good results with Michael Schumacher, who accounts for 19 on the team's 27 career advantages and their 2 drivers' titles. After switching to Renault engines, they also won the actual constructor's championship in 1995 with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari in addition to Ross Brawn, Rory Byrne and 11 various other key figures from his or her two championship winning seasons with Benetton.

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With March 16, 2000, the team was distributed to Renault for $120 thousand US. As part of their own restructuring, Renault brought back Flavio Briatore since team manager. The team still utilised the Playlife engines (even though descended from Renault motors) that they had been using for the last two years. The drivers were Giancarlo Fisichella and also Alexander Wurz. The team scored 20 factors, as well as 3 podium finishes in 2000 at Brazil, Monaco and Canada.During their final time in 2001 the owners, Jenson Button and Giancarlo Fisichella, were often on a corner two rows of the grid. This was in part related to the new 111-degree extensive angle engine. But continued development granted Benetton to leave Formulation 1 on something of a high, and the cars' efficiency lifted. Button and Fisichella scored 10 points for the team, including a podium conclude for Fisichella in Belgium.

Through the 1994 season, some rival teams stated Benetton had found a way to violate the FIA-imposed ban on electronic aids, including traction control and also launch control. On investigation, the FIA discovered "start sequence" (introduction control) software inside the Benetton B194 cars, and a variety associated with illegal software in rival teams' cars as well. FIA had no evidence the software was ever used, so teams found while using the software received little in order to no punishment. No traction control software was found to be in the Benetton cars, however. Flavio Briatore, Benetton's chief in 1994, said in 2001 that will "Our only mistake was that during the time we were too young and individuals were suspicious".

Over the 1994 season Benetton taken out a fuel filter from the refueling rig used throughout pit stops. This may have generated a fire that came about during Jos Verstappen's initial pitstop at Hockenheim. This resulted in further inquiries by the FIA, during which, the refuelling rig manufacturer explained that in their opinion the modification would have resulted in 10% higher flow rates than the rules allowed[citation needed]. Again the team journeyed without substantial punishment.

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