Benetton Formula Ltd., commonly referred to basically as Benetton, was a Formula 1 constructor that participated coming from 1986 to 2001. The team was owned through the Benetton family who run a worldwide chain of clothing stores with the same name. In 2000 the workforce was purchased by Renault, but competed as Benetton with the 2000 and 2001 conditions. In 2002 the staff became Renault F1.The Benetton Group entered Formula One as being a sponsor company for Tyrrell inside 1983, then Alfa Romeo within 1984 and 1985 and finally Toleman in 1985. Benetton Formula Ltd. was formed at the final of 1985 when this Toleman team was sold towards Benetton family. The team began with BMW engines after which it later switched to Ford then Renault lastly Playlife.
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The actual 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 running the engineering operations. Rocco Benetton, the youngest son connected with Luciano Benetton joined the team as Leader in 1998 and dismissed from your job Briatore. He replaced him using Prodrive boss David Richards, who lasted only to get a year when he also was fired, due to a disagreement while using the Benetton family about future strategy. Following Richards' departure, Rocco Benetton managed the team for 36 months until its sale to be able to Renault.The Benetton team 's best known for its achievements with Michael Schumacher, who accounts for 19 with the team's 27 career wins and their 2 drivers' championships. After switching to Renault machines, they also won the constructor's championship in 1995 along with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari along with Ross Brawn, Rory Byrne and 11 additional key figures from his two championship winning seasons with Benetton.
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Upon March 16, 2000, the team was sold to Renault for $120 mil US. As part of their own restructuring, Renault brought back Flavio Briatore as team manager. The team still applied the Playlife engines (despite the fact that descended from Renault motors) they had been using during the last two years. The drivers were Giancarlo Fisichella and also Alexander Wurz. The team scored 20 items, as well as 3 podium coatings in 2000 at Brazil, Monaco and Canada.During their final year in 2001 the drivers, Jenson Button and Giancarlo Fisichella, were often on the trunk two rows of the grid. This was in part caused by the new 111-degree large angle engine. But continued development permitted Benetton to leave Method 1 on something of a high, and the cars' functionality lifted. Button and Fisichella scored 10 points for your team, including a podium finish for Fisichella in Belgium.
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During the 1994 season, some rival teams claimed Benetton had found methods to violate the FIA-imposed suspend on electronic aids, including traction control as well as launch control. On investigation, the FIA discovered "start sequence" (release control) software inside Benetton B194 cars, and a variety regarding illegal software in rival teams' cars as well. FIA had no evidence the application was ever used, so teams found with the software received little to no punishment. No traction control software was found to stay the Benetton cars, however. Flavio Briatore, Benetton's chief in 1994, said in 2001 that "Our only mistake was that at that time we were too young and people were suspicious".
Over the 1994 season Benetton taken off a fuel filter through the refueling rig used during pit stops. This may have led to a fire that occurred during Jos Verstappen's initial pitstop at Hockenheim. This resulted in further inquiries from the FIA, during which, the refuelling rig manufacturer made clear that in their opinion the modification would've resulted in 10% higher flow rates compared to rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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