Benetton Formula Ltd., commonly referred to purely as Benetton, was a Formula Just one constructor that participated coming from 1986 to 2001. The team was owned from 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 with the 2000 and 2001 periods. In 2002 the group became Renault F1.The Benetton Group entered Formula One as a sponsor company for Tyrrell with 1983, then Alfa Romeo throughout 1984 and 1985 last but not least Toleman in 1985. Benetton Formula Ltd. was formed at the conclusion of 1985 when the Toleman team was sold towards the Benetton family. The team began with BMW engines and then later switched to Ford then Renault last but not least Playlife.
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The team was managed through Flavio Briatore from 1990 until 1997. In about 1991, TWR acquired a one-third stake in the team, bringing in Tom Walkinshaw and Ross Brawn to perform the engineering operations. Rocco Benetton, the youngest son regarding Luciano Benetton joined the team as Chief executive in 1998 and terminated Briatore. He replaced him with Prodrive boss David Richards, who lasted only to get a year when he as well was fired, due to a disagreement with the Benetton family about foreseeable future strategy. Following Richards' departure, Rocco Benetton managed the team for four years until its sale to be able to Renault.The Benetton team 's best known for its good results with Michael Schumacher, who accounts for 19 of the team's 27 career victories and their 2 drivers' championships. After switching to Renault search engines, they also won the constructor's championship in 1995 along with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari together with Ross Brawn, Rory Byrne and 11 other key figures from the two championship winning seasons with Benetton.
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Upon March 16, 2000, the team was offered to Renault for $120 trillion US. As part of his or her restructuring, Renault brought back Flavio Briatore since team manager. The team still applied the Playlife engines (although descended from Renault motors) that they had been using going back 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 time of year in 2001 the people, Jenson Button and Giancarlo Fisichella, were often on the trunk two rows of this grid. This was in part assigned to the new 111-degree vast angle engine. But continued development allowed Benetton to leave Formula 1 on something of a high, and the cars' efficiency lifted. Button and Fisichella scored 10 points for that team, including a podium conclude 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 bar on electronic aids, including traction control along with launch control. On investigation, the FIA discovered "start sequence" (launch control) software within the Benetton B194 cars, and a variety associated with illegal software in rival teams' cars also. FIA had no evidence the program was ever used, so teams found while using software received little for you 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 will "Our only mistake was that back then we were too young and individuals were suspicious".
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In the 1994 season Benetton taken off a fuel filter through the refueling rig used throughout pit stops. This may have ended in a fire that took place during Jos Verstappen's very first pitstop at Hockenheim. This resulted in further inquiries through the FIA, during which, the refuelling rig manufacturer made clear that in their opinion the modification would have resulted in 10% higher flow rates versus rules allowed[citation needed]. Again the team travelled without substantial punishment.
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