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Benetton Formula Ltd., commonly referred to merely as Benetton, was a Formula One constructor that participated through 1986 to 2001. The team was owned because of the Benetton family who run an internationally chain of clothing stores from the same name. In 2000 the group was purchased by Renault, but competed as Benetton with the 2000 and 2001 periods. In 2002 the staff became Renault F1.The Benetton Group entered Formula One like a sponsor company for Tyrrell inside 1983, then Alfa Romeo throughout 1984 and 1985 and finally Toleman in 1985. Benetton Formula Ltd. was formed at the finish of 1985 when this Toleman team was sold for the Benetton family. The team began with BMW engines and later switched to Ford then Renault and then Playlife.

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The particular team was managed by simply Flavio Briatore from 1990 till 1997. In about 1991, TWR acquired a one-third stake inside the team, bringing in Tom Walkinshaw and Ross Brawn to operate the engineering operations. Rocco Benetton, the youngest son connected with Luciano Benetton joined the team as Leader in 1998 and terminated Briatore. He replaced him along with Prodrive boss David Richards, who lasted only for a year when he way too was fired, due to a disagreement while using Benetton family about foreseeable future strategy. Following Richards' departure, Rocco Benetton managed the team for 3 years until its sale in order to Renault.The Benetton team 's best known for its achievement with Michael Schumacher, who accounts for 19 of the team's 27 career victories and their 2 drivers' titles. After switching to Renault applications, they also won your constructor's championship in 1995 together with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari as well as Ross Brawn, Rory Byrne and 11 different key figures from the two championship winning months with Benetton.

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Upon March 16, 2000, the team was marketed to Renault for $120 zillion US. As part of their own restructuring, Renault brought back Flavio Briatore seeing that team manager. The team still utilised the Playlife engines (although descended from Renault motors) they been using for the last two years. The drivers were Giancarlo Fisichella and Alexander Wurz. The team scored 20 points, as well as 3 podium finishes in 2000 at Brazil, Monaco and Canada.During their final time of year in 2001 the motorists, Jenson Button and Giancarlo Fisichella, were often on the trunk two rows of your grid. This was in part related to the new 111-degree extensive angle engine. But continued development permitted Benetton to leave Formula 1 on something of a high, and the cars' performance lifted. Button and Fisichella scored 10 points to 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 bar on electronic aids, including traction control as well as launch control. On investigation, the FIA discovered "start sequence" (introduction control) software from the Benetton B194 cars, and a variety associated with illegal software in rival teams' cars also. FIA had no evidence the application was ever used, so teams found with 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 that "Our only mistake was that at the time we were too young and the wonderful were suspicious".

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In the 1994 season Benetton taken away a fuel filter from the refueling rig used while in pit stops. This may have triggered a fire that was held during Jos Verstappen's first pitstop at Hockenheim. This resulted in further inquiries from the FIA, during which, the refuelling rig manufacturer explained that in their opinion the modification might have resulted in 10% higher flow rates versus rules allowed[citation needed]. Again the team went without substantial punishment.

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