Benetton Formula Ltd., commonly referred to basically as Benetton, was a Formula 1 constructor that participated coming from 1986 to 2001. The team was owned with the Benetton family who run an internationally chain of clothing stores on the same name. In 2000 the group 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 like a sponsor company for Tyrrell inside 1983, then Alfa Romeo throughout 1984 and 1985 and then Toleman in 1985. Benetton Formula Ltd. was formed at the final of 1985 when the actual Toleman team was sold for the Benetton family. The team began with BMW engines and later switched to Ford then Renault and lastly Playlife.
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This team was managed by simply 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 to run the engineering operations. Rocco Benetton, the youngest son of Luciano Benetton joined the team as Chief executive in 1998 and terminated Briatore. He replaced him along with Prodrive boss David Richards, who lasted only for any year when he too was fired, due to a disagreement while using the Benetton family about long term strategy. Following Richards' departure, Rocco Benetton managed the team for 3 years until its sale to help Renault.The Benetton team is most beneficial known for its achievement with Michael Schumacher, who accounts for 19 of the team's 27 career wins and their 2 drivers' championships. After switching to Renault motors, 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 some other key figures from his or her two championship winning seasons with Benetton.
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In March 16, 2000, the team was marketed to Renault for $120 million US. As part of their restructuring, Renault brought back Flavio Briatore seeing that team manager. The team still utilized the Playlife engines (even though descended from Renault motors) they had been using the past two years. The drivers were Giancarlo Fisichella in addition to Alexander Wurz. The team scored 20 things, as well as 3 podium is done in 2000 at Brazil, Monaco and Canada.During their final time in 2001 the motorists, Jenson Button and Giancarlo Fisichella, were often on the back two rows of this grid. This was in part assigned to the new 111-degree large angle engine. But continued development authorized Benetton to leave Method 1 on something of the high, and the cars' overall performance lifted. Button and Fisichella scored 10 points for the team, including a podium finish off for Fisichella in Belgium.
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Through the 1994 season, some rival teams claimed Benetton had found a method to violate the FIA-imposed exclude on electronic aids, including traction control in addition to launch control. On investigation, the FIA discovered "start sequence" (start control) software inside the Benetton B194 cars, and a variety connected with illegal software in rival teams' cars likewise. FIA had no evidence the program was ever used, so teams found using the software received little for you 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 will "Our only mistake was that back then we were too young and individuals were suspicious".
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During the 1994 season Benetton taken off a fuel filter from the refueling rig used while in pit stops. This may have led to a fire that was held during Jos Verstappen's 1st pitstop at Hockenheim. This resulted in further inquiries with the FIA, during which, the refuelling rig manufacturer explained 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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