Benetton Formulation Ltd., commonly referred to merely as Benetton, was a Formula One particular constructor that participated coming from 1986 to 2001. The team was owned because of the Benetton family who run an international chain of clothing stores in the same name. In 2000 the group 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 as being a sponsor company for Tyrrell in 1983, then Alfa Romeo with 1984 and 1985 last but not least Toleman in 1985. Benetton Formula Ltd. was formed at the end 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 and then Playlife.
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This team was managed by means of 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 operate the engineering operations. Rocco Benetton, the youngest son involving Luciano Benetton joined the team as Leader in 1998 and dismissed from your job Briatore. He replaced him having Prodrive boss David Richards, who lasted only to get a year when he also was fired, due to a disagreement using the Benetton family about long term 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 achievement with Michael Schumacher, who accounts for 19 from the team's 27 career wins and their 2 drivers' titles. After switching to Renault machines, they also won this constructor's championship in 1995 with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari in addition to Ross Brawn, Rory Byrne and 11 various other key figures from their two championship winning seasons with Benetton.
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In March 16, 2000, the team was sold to Renault for $120 million US. As part of their particular restructuring, Renault brought back Flavio Briatore because team manager. The team still utilized the Playlife engines (even though descended from Renault motors) that they had been using going back two years. The drivers were Giancarlo Fisichella and Alexander Wurz. The team scored 20 items, as well as 3 podium coatings in 2000 at Brazilian, Monaco and Canada.During their final year in 2001 the individuals, Jenson Button and Giancarlo Fisichella, were often on the rear two rows of this grid. This was in part caused by the new 111-degree broad angle engine. But continued development granted Benetton to leave Formula 1 on something of your high, and the cars' effectiveness lifted. Button and Fisichella scored 10 points for the team, including a podium finish off for Fisichella in Belgium.
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Over the 1994 season, some rival teams advertised Benetton had found a method to violate the FIA-imposed ban on electronic aids, including traction control in addition to launch control. On investigation, the FIA discovered "start sequence" (start control) software in the Benetton B194 cars, and a variety involving illegal software in rival teams' cars too. FIA had no evidence the software program was ever used, so teams found while using 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 of which "Our only mistake was that at the time we were too young and the wonderful were suspicious".
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Over the 1994 season Benetton taken off a fuel filter on the refueling rig used through pit stops. This may have ended in a fire that occurred during Jos Verstappen's very first pitstop at Hockenheim. This resulted in further inquiries through the FIA, during which, the refuelling rig manufacturer clarified that in their opinion the modification can have resulted in 10% higher flow rates versus rules allowed[citation needed]. Again the team travelled without substantial punishment.
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