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Benetton Method Ltd., commonly referred to simply as Benetton, was a Formula 1 constructor that participated coming from 1986 to 2001. The team was owned because of the Benetton family who run a worldwide chain of clothing stores with the same name. In 2000 the group was purchased by Renault, but competed as Benetton for the 2000 and 2001 months. In 2002 the group became Renault F1.The Benetton Group entered Formula One as being a sponsor company for Tyrrell with 1983, then Alfa Romeo throughout 1984 and 1985 last but not least Toleman in 1985. Benetton Formula Ltd. was formed at the final of 1985 when your Toleman team was sold to the Benetton family. The team began with BMW engines after which later switched to Ford then Renault and finally Playlife.

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This team was managed by Flavio Briatore from 1990 till 1997. In about 1991, TWR acquired a one-third stake from the team, bringing in Tom Walkinshaw and Ross Brawn running the engineering operations. Rocco Benetton, the youngest son regarding Luciano Benetton joined the team as Chief executive in 1998 and terminated Briatore. He replaced him together with Prodrive boss David Richards, who lasted only for just a year when he also was fired, due to a disagreement while using Benetton family about upcoming strategy. Following Richards' departure, Rocco Benetton managed the team for 3 years until its sale for you to Renault.The Benetton team is better known for its achievement with Michael Schumacher, who accounts for 19 of the team's 27 career wins and their 2 drivers' titles. After switching to Renault engines, they also won this constructor's championship in 1995 with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari along with Ross Brawn, Rory Byrne and 11 different key figures from his two championship winning months with Benetton.

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In March 16, 2000, the team was marketed to Renault for $120 thousand US. As part of their own restructuring, Renault brought back Flavio Briatore as team manager. The team still applied the Playlife engines (while descended from Renault motors) they'd been using the past two years. The drivers were Giancarlo Fisichella in addition to Alexander Wurz. The team scored 20 factors, as well as 3 podium completes in 2000 at South america, Monaco and Canada.During their final period in 2001 the people, Jenson Button and Giancarlo Fisichella, were often on a corner two rows of the grid. This was in part caused by the new 111-degree extensive angle engine. But continued development allowed Benetton to leave Solution 1 on something of the high, and the cars' performance lifted. Button and Fisichella scored 10 points with the team, including a podium conclude for Fisichella in Belgium.

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Over the 1994 season, some rival teams advertised Benetton had found ways to violate the FIA-imposed bar on electronic aids, including traction control along with launch control. On investigation, the FIA discovered "start sequence" (kick off control) software from the Benetton B194 cars, and a variety associated with illegal software in rival teams' cars as well. FIA had no evidence the program was ever used, so teams found while using 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 which "Our only mistake was that during the time we were too young the ones were suspicious".