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Benetton Formulation Ltd., commonly referred to basically as Benetton, was a Formula A single constructor that participated by 1986 to 2001. The team was owned because of the Benetton family who run a worldwide chain of clothing stores on the same name. In 2000 the team was purchased by Renault, but competed as Benetton for your 2000 and 2001 times. In 2002 the staff became Renault F1.The Benetton Group entered Formula One 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 conclusion of 1985 when your Toleman team was sold for the Benetton family. The team began with BMW engines after which later switched to Ford then Renault last but not least Playlife.

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The particular team was managed by simply Flavio Briatore from 1990 until finally 1997. In about 1991, TWR acquired a one-third stake inside team, bringing in Tom Walkinshaw and Ross Brawn to run the engineering operations. Rocco Benetton, the youngest son regarding Luciano Benetton joined the team as Leader in 1998 and terminated Briatore. He replaced him together with 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 three years until its sale in order to Renault.The Benetton team is most beneficial known for its achievements with Michael Schumacher, who accounts for 19 on the team's 27 career victories and their 2 drivers' championships. After switching to Renault engines, they also won this constructor's championship in 1995 along with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari in conjunction with Ross Brawn, Rory Byrne and 11 different key figures from his / her two championship winning periods with Benetton.

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About March 16, 2000, the team was marketed to Renault for $120 zillion US. As part of the restructuring, Renault brought back Flavio Briatore since team manager. The team still utilized the Playlife engines (even though descended from Renault motors) they had been using for the last two years. The drivers were Giancarlo Fisichella in addition to Alexander Wurz. The team scored 20 items, as well as 3 podium is done in 2000 at South america, Monaco and Canada.During their final year in 2001 the motorists, Jenson Button and Giancarlo Fisichella, were often on the rear two rows of the grid. This was in part due to the new 111-degree broad angle engine. But continued development allowed Benetton to leave System 1 on something of an high, and the cars' overall performance lifted. Button and Fisichella scored 10 points for the team, including a podium finish for Fisichella in Belgium.

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Throughout the 1994 season, some rival teams stated Benetton had found ways to violate the FIA-imposed prohibit on electronic aids, including traction control and launch control. On investigation, the FIA discovered "start sequence" (release control) software inside the Benetton B194 cars, and a variety regarding illegal software in rival teams' cars likewise. FIA had no evidence it 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 that "Our only mistake was that back then we were too young and individuals were suspicious".