Benetton Formula Ltd., commonly referred to simply as Benetton, was a Formula A single constructor that participated coming from 1986 to 2001. The team was owned because of the Benetton family who run an internationally chain of clothing stores in the same name. In 2000 the team was purchased by Renault, but competed as Benetton for that 2000 and 2001 seasons. In 2002 the group became Renault F1.The Benetton Group entered Formula One being a sponsor company for Tyrrell within 1983, then Alfa Romeo throughout 1984 and 1985 and then Toleman in 1985. Benetton Formula Ltd. was formed at the tip of 1985 when your Toleman team was sold on the Benetton family. The team began with BMW engines then later switched to Ford then Renault last but not least Playlife.
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The team was managed by means of Flavio Briatore from 1990 till 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 Chief executive in 1998 and fired Briatore. He replaced him together with Prodrive boss David Richards, who lasted only for a year when he too was fired, due to a disagreement while using Benetton family about long term strategy. Following Richards' departure, Rocco Benetton managed the team for 36 months until its sale to be able to Renault.The Benetton team is better known for its good results with Michael Schumacher, who accounts for 19 with the team's 27 career victories 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 in conjunction with Ross Brawn, Rory Byrne and 11 various other key figures from his or her two championship winning seasons with Benetton.
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About March 16, 2000, the team was sold to Renault for $120 million US. As part of the restructuring, Renault brought back Flavio Briatore as 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 in addition to Alexander Wurz. The team scored 20 points, as well as 3 podium is done in 2000 at Brazilian, Monaco and Canada.During their final season in 2001 the people, Jenson Button and Giancarlo Fisichella, were often on a corner two rows of the particular grid. This was in part related to the new 111-degree extensive angle engine. But continued development permitted Benetton to leave Method 1 on something of the high, and the cars' effectiveness lifted. Button and Fisichella scored 10 points to the team, including a podium finish off for Fisichella in Belgium.
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In the 1994 season, some rival teams believed Benetton had found ways to violate the FIA-imposed prohibit on electronic aids, including traction control in addition to launch control. On investigation, the FIA discovered "start sequence" (launch control) software inside Benetton B194 cars, and a variety involving illegal software in rival teams' cars at the same time. FIA had no evidence the software program was ever used, so teams found with all 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".
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Over the 1994 season Benetton eliminated a fuel filter from your refueling rig used in the course of pit stops. This may have generated a fire that happened during Jos Verstappen's 1st pitstop at Hockenheim. This resulted in further inquiries because of the FIA, during which, the refuelling rig manufacturer explained that in their opinion the modification would have resulted in 10% higher flow rates than the rules allowed[citation needed]. Again the team went without substantial punishment.
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