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Benetton System Ltd., commonly referred to just as Benetton, was a Formula A single constructor that participated by 1986 to 2001. The team was owned from the Benetton family who run a worldwide chain of clothing stores from the same name. In 2000 the group was purchased by Renault, but competed as Benetton with the 2000 and 2001 seasons. In 2002 the group became Renault F1.The Benetton Group entered Formula One being a sponsor company for Tyrrell in 1983, then Alfa Romeo in 1984 and 1985 and then Toleman in 1985. Benetton Formula Ltd. was formed at the conclusion of 1985 when the actual Toleman team was sold for the Benetton family. The team began with BMW engines and then later switched to Ford then Renault and lastly Playlife.

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The team was managed by Flavio Briatore from 1990 right up until 1997. In about 1991, TWR acquired a one-third stake in the team, bringing in Tom Walkinshaw and Ross Brawn to perform the engineering operations. Rocco Benetton, the youngest son regarding Luciano Benetton joined the team as Leader in 1998 and fired Briatore. He replaced him using Prodrive boss David Richards, who lasted only to get a year when he way too was fired, due to a disagreement with the Benetton family about potential strategy. Following Richards' departure, Rocco Benetton managed the team for several years until its sale in order to Renault.The Benetton team is best known for its good results with Michael Schumacher, who accounts for 19 with the team's 27 career advantages and their 2 drivers' titles. After switching to Renault search engines, they also won the actual constructor's championship in 1995 with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari together with Ross Brawn, Rory Byrne and 11 other key figures from his / her two championship winning seasons with Benetton.

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On March 16, 2000, the team was distributed to Renault for $120 zillion US. As part of his or her restructuring, Renault brought back Flavio Briatore seeing that team manager. The team still employed the Playlife engines (even though descended from Renault motors) that they had been using the past two years. The drivers were Giancarlo Fisichella along with Alexander Wurz. The team scored 20 things, as well as 3 podium finishes in 2000 at Brazil, Monaco and Canada.During their final year in 2001 the owners, Jenson Button and Giancarlo Fisichella, were often on the spine two rows of this grid. This was in part related to the new 111-degree vast angle engine. But continued development allowed Benetton to leave System 1 on something of the high, and the cars' performance lifted. Button and Fisichella scored 10 points with the team, including a podium finish for Fisichella in Belgium.

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Over the 1994 season, some rival teams claimed Benetton had found a method to violate the FIA-imposed bar on electronic aids, including traction control and also launch control. On investigation, the FIA discovered "start sequence" (release control) software in the Benetton B194 cars, and a variety connected with illegal software in rival teams' cars likewise. FIA had no evidence the application was ever used, so teams found using the software received little to help 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 "Our only mistake was that during the time we were too young the ones were suspicious".