Benetton Formulation Ltd., commonly referred to simply as Benetton, was a Formula One constructor that participated via 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 crew was purchased by Renault, but competed as Benetton to 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 last but not least Toleman in 1985. Benetton Formula Ltd. was formed at the end of 1985 when the actual Toleman team was sold on 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 team was managed by means of Flavio Briatore from 1990 right up until 1997. In about 1991, TWR acquired a one-third stake within the team, bringing in Tom Walkinshaw and Ross Brawn running the engineering operations. Rocco Benetton, the youngest son associated with Luciano Benetton joined the team as Chief executive in 1998 and let go Briatore. He replaced him along with Prodrive boss David Richards, who lasted only to get a year when he far too was fired, due to a disagreement using the Benetton family about potential strategy. Following Richards' departure, Rocco Benetton managed the team for 36 months until its sale to help Renault.The Benetton team is the most suitable known for its achievements with Michael Schumacher, who accounts for 19 of the team's 27 career wins and their 2 drivers' titles. After switching to Renault applications, 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 the two championship winning times with Benetton.
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On March 16, 2000, the team was sold to Renault for $120 million US. As part of his or her restructuring, Renault brought back Flavio Briatore while team manager. The team still used the Playlife engines (while descended from Renault motors) that they had been using for the last two years. The drivers were Giancarlo Fisichella as well as Alexander Wurz. The team scored 20 things, as well as 3 podium finishes in 2000 at South america, Monaco and Canada.During their final period in 2001 the drivers, Jenson Button and Giancarlo Fisichella, were often on a corner two rows of the grid. This was in part related to the new 111-degree extensive angle engine. But continued development authorized Benetton to leave Formulation 1 on something of the high, and the cars' efficiency lifted. Button and Fisichella scored 10 points with the team, including a podium complete for Fisichella in Belgium.
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Through the 1994 season, some rival teams claimed Benetton had found a means to violate the FIA-imposed exclude on electronic aids, including traction control in addition to 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 program was ever used, so teams found using 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 in which "Our only mistake was that right at that moment we were too young and the wonderful were suspicious".
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Throughout the 1994 season Benetton taken away a fuel filter in the refueling rig used during pit stops. This may have triggered 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 explained that in their opinion the modification could have resulted in 10% higher flow rates compared to rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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