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Benetton Formulation Ltd., commonly referred to just as Benetton, was a Formula One constructor that participated coming from 1986 to 2001. The team was owned because of the Benetton family who run a worldwide chain of clothing stores on the same name. In 2000 the workforce was purchased by Renault, but competed as Benetton for the 2000 and 2001 times. In 2002 the group became Renault F1.The Benetton Group entered Formula One being a sponsor company for Tyrrell with 1983, then Alfa Romeo inside 1984 and 1985 and finally Toleman in 1985. Benetton Formula Ltd. was formed at the finish of 1985 when the particular Toleman team was sold on the Benetton family. The team began with BMW engines after which later switched to Ford then Renault last but not least Playlife.

: Jos Verstappen nearly burned alive in the 1994 German grand prix

This team was managed by simply 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 perform the engineering operations. Rocco Benetton, the youngest son associated with Luciano Benetton joined the team as Chief executive in 1998 and terminated 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 with all the Benetton family about foreseeable future strategy. Following Richards' departure, Rocco Benetton managed the team for four years until its sale in order to Renault.The Benetton team is better known for its achievement with Michael Schumacher, who accounts for 19 of the team's 27 career advantages and their 2 drivers' titles. After switching to Renault applications, they also won the actual constructor's championship in 1995 along with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari as well as Ross Brawn, Rory Byrne and 11 other key figures from his or her two championship winning conditions with Benetton.

With March 16, 2000, the team was available to Renault for $120 mil US. As part of the restructuring, Renault brought back Flavio Briatore as team manager. The team still applied the Playlife engines (even though descended from Renault motors) they'd been using during the last two years. The drivers were Giancarlo Fisichella and also Alexander Wurz. The team scored 20 details, as well as 3 podium surface finishes in 2000 at South america, Monaco and Canada.During their final year in 2001 the drivers, Jenson Button and Giancarlo Fisichella, were often on the spine two rows of the grid. This was in part caused by the new 111-degree wide angle engine. But continued development helped Benetton to leave System 1 on something of an high, and the cars' overall performance lifted. Button and Fisichella scored 10 points for the team, including a podium conclude 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 prohibit on electronic aids, including traction control along with launch control. On investigation, the FIA discovered "start sequence" (launch control) software inside Benetton B194 cars, and a variety of illegal software in rival teams' cars likewise. FIA had no evidence it was ever used, so teams found while using the software received little in order 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 the ones were suspicious".