Benetton Formula Ltd., commonly referred to simply as Benetton, was a Formula Just one constructor that participated from 1986 to 2001. The team was owned through the Benetton family who run an internationally chain of clothing stores with the same name. In 2000 the staff was purchased by Renault, but competed as Benetton with the 2000 and 2001 seasons. In 2002 the team became Renault F1.The Benetton Group entered Formula One to be a sponsor company for Tyrrell within 1983, then Alfa Romeo inside 1984 and 1985 and finally Toleman in 1985. Benetton Formula Ltd. was formed at the end of 1985 when the Toleman team was sold towards the Benetton family. The team began with BMW engines after which it later switched to Ford then Renault and then Playlife.
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The actual team was managed by Flavio Briatore from 1990 till 1997. In about 1991, TWR acquired a one-third stake in the team, bringing in Tom Walkinshaw and Ross Brawn to own the engineering operations. Rocco Benetton, the youngest son regarding Luciano Benetton joined the team as Chief executive in 1998 and dismissed Briatore. He replaced him having Prodrive boss David Richards, who lasted only for the year when he way too was fired, due to a disagreement using the Benetton family about foreseeable future strategy. Following Richards' departure, Rocco Benetton managed the team for four years until its sale to help Renault.The Benetton team is most beneficial known for its success with Michael Schumacher, who accounts for 19 from the team's 27 career wins and their 2 drivers' titles. After switching to Renault machines, they also won the constructor's championship in 1995 having Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari as well as Ross Brawn, Rory Byrne and 11 some other key figures from his two championship winning conditions with Benetton.
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With March 16, 2000, the team was available to Renault for $120 mil US. As part of the restructuring, Renault brought back Flavio Briatore while team manager. The team still utilized the Playlife engines (though descended from Renault motors) they been using during the last two years. The drivers were Giancarlo Fisichella in addition to Alexander Wurz. The team scored 20 items, 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 the spine two rows of the actual grid. This was in part caused by the new 111-degree wide angle engine. But continued development permitted Benetton to leave Formula 1 on something of a high, and the cars' efficiency lifted. Button and Fisichella scored 10 points with the team, including a podium end for Fisichella in Belgium.
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During the 1994 season, some rival teams advertised Benetton had found a method to violate the FIA-imposed prohibit on electronic aids, including traction control as well as launch control. On investigation, the FIA discovered "start sequence" (introduction control) software inside Benetton B194 cars, and a variety associated with illegal software in rival teams' cars too. FIA had no evidence the software was ever used, so teams found while using the software received little to be able 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 and individuals were suspicious".
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Over the 1994 season Benetton taken off a fuel filter on the refueling rig used while in pit stops. This may have led to a fire that came about during Jos Verstappen's first pitstop at Hockenheim. This resulted in further inquiries from the FIA, during which, the refuelling rig manufacturer clarified that in their opinion the modification might have resulted in 10% higher flow rates as opposed to rules allowed[citation needed]. Again the team gone without substantial punishment.
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