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Benetton Formulation Ltd., commonly referred to purely as Benetton, was a Formula 1 constructor that participated through 1986 to 2001. The team was owned by the Benetton family who run a worldwide 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 conditions. In 2002 the team became Renault F1.The Benetton Group entered Formula One to be a sponsor company for Tyrrell throughout 1983, then Alfa Romeo throughout 1984 and 1985 and lastly Toleman in 1985. Benetton Formula Ltd. was formed at the conclusion of 1985 when the actual Toleman team was sold for the Benetton family. The team began with BMW engines then later switched to Ford then Renault and finally Playlife.

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This team was managed through 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 own the engineering operations. Rocco Benetton, the youngest son associated with Luciano Benetton joined the team as Leader in 1998 and terminated Briatore. He replaced him together with Prodrive boss David Richards, who lasted only to get a year when he also was fired, due to a disagreement while using Benetton family about upcoming strategy. Following Richards' departure, Rocco Benetton managed the team for three years until its sale to help Renault.The Benetton team is best known for its achievement with Michael Schumacher, who accounts for 19 with the team's 27 career wins and their 2 drivers' championships. After switching to Renault engines, they also won the 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 different key figures from his two championship winning conditions with Benetton.

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Upon March 16, 2000, the team was distributed to Renault for $120 trillion US. As part of their particular restructuring, Renault brought back Flavio Briatore as team manager. The team still utilized the Playlife engines (although descended from Renault motors) they been using for the last two years. The drivers were Giancarlo Fisichella as well as Alexander Wurz. The team scored 20 items, as well as 3 podium surface finishes in 2000 at Brazil, Monaco and Canada.During their final period in 2001 the individuals, Jenson Button and Giancarlo Fisichella, were often on the back two rows of this grid. This was in part attributed to the new 111-degree large 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 that team, including a podium complete for Fisichella in Belgium.

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Through the 1994 season, some rival teams stated Benetton had found methods to violate the FIA-imposed bar on electronic aids, including traction control and launch control. On investigation, the FIA discovered "start sequence" (release control) software inside the Benetton B194 cars, and a variety involving illegal software in rival teams' cars also. FIA had no evidence the software program was ever used, so teams found with all 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 right at that moment we were too young and individuals were suspicious".

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Over the 1994 season Benetton taken out a fuel filter in the refueling rig used throughout pit stops. This may have led to a fire that came about during Jos Verstappen's primary pitstop at Hockenheim. This resulted in further inquiries with the FIA, during which, the refuelling rig manufacturer explained that in their opinion the modification would've resulted in 10% higher flow rates versus rules allowed[citation needed]. Again the team proceeded to go without substantial punishment.

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