Benetton Formulation Ltd., commonly referred to basically as Benetton, was a Formula A single constructor that participated via 1986 to 2001. The team was owned through the Benetton family who run an international chain of clothing stores in the same name. In 2000 the workforce was purchased by Renault, but competed as Benetton for that 2000 and 2001 conditions. In 2002 the staff became Renault F1.The Benetton Group entered Formula One as being a sponsor company for Tyrrell in 1983, then Alfa Romeo with 1984 and 1985 and finally Toleman in 1985. Benetton Formula Ltd. was formed at the final of 1985 when the Toleman team was sold for the Benetton family. The team began with BMW engines and later switched to Ford then Renault and lastly Playlife.
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The team was managed by simply Flavio Briatore from 1990 right up until 1997. In about 1991, TWR acquired a one-third stake inside 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 Chief executive in 1998 and fired Briatore. He replaced him along with Prodrive boss David Richards, who lasted only for just a year when he also 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 achievement with Michael Schumacher, who accounts for 19 from the team's 27 career wins and their 2 drivers' competition. After switching to Renault engines, they also won the constructor's championship in 1995 with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari as well as Ross Brawn, Rory Byrne and 11 additional key figures from his / her two championship winning seasons with Benetton.
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In March 16, 2000, the team was sold to Renault for $120 zillion US. As part of their restructuring, Renault brought back Flavio Briatore since team manager. The team still utilized the Playlife engines (although descended from Renault motors) that they been using the past two years. The drivers were Giancarlo Fisichella along with Alexander Wurz. The team scored 20 points, as well as 3 podium surface finishes in 2000 at Brazilian, Monaco and Canada.During their final season in 2001 the motorists, Jenson Button and Giancarlo Fisichella, were often on the rear two rows of this grid. This was in part assigned to the new 111-degree vast angle engine. But continued development authorized Benetton to leave Solution 1 on something of the high, and the cars' efficiency lifted. Button and Fisichella scored 10 points with the team, including a podium finish off for Fisichella in Belgium.
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During the 1994 season, some rival teams believed Benetton had found methods to violate the FIA-imposed bar on electronic aids, including traction control as well as launch control. On investigation, the FIA discovered "start sequence" (start control) software inside Benetton B194 cars, and a variety associated with illegal software in rival teams' cars also. FIA had no evidence the software was ever used, so teams found with 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 which "Our only mistake was that at that time we were too young and the wonderful were suspicious".
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During the 1994 season Benetton taken away a fuel filter in the refueling rig used throughout pit stops. This may have generated a fire that happened during Jos Verstappen's first pitstop at Hockenheim. This resulted in further inquiries by the FIA, during which, the refuelling rig manufacturer made clear that in their opinion the modification can have resulted in 10% higher flow rates compared to the rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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