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Benetton Formula Ltd., commonly referred to just as Benetton, was a Formula One constructor that participated by 1986 to 2001. The team was owned from the Benetton family who run an international chain of clothing stores in the same name. In 2000 the team was purchased by Renault, but competed as Benetton with the 2000 and 2001 conditions. In 2002 the staff became Renault F1.The Benetton Group entered Formula One like a sponsor company for Tyrrell with 1983, then Alfa Romeo throughout 1984 and 1985 lastly Toleman in 1985. Benetton Formula Ltd. was formed at the end of 1985 when the actual Toleman team was sold to the Benetton family. The team began with BMW engines and later switched to Ford then Renault lastly Playlife.

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Your team was managed by Flavio Briatore from 1990 until 1997. In about 1991, TWR acquired a one-third stake inside team, bringing in Tom Walkinshaw and Ross Brawn running the engineering operations. Rocco Benetton, the youngest son involving Luciano Benetton joined the team as Chief executive in 1998 and fired Briatore. He replaced him together with Prodrive boss David Richards, who lasted only for any year when he as well was fired, due to a disagreement using the Benetton family about foreseeable future strategy. Following Richards' departure, Rocco Benetton managed the team for three years until its sale to Renault.The Benetton team is the most suitable known for its good results with Michael Schumacher, who accounts for 19 of the team's 27 career wins and their 2 drivers' competition. After switching to Renault engines, they also won this constructor's championship in 1995 together with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari together with Ross Brawn, Rory Byrne and 11 different key figures from his / her two championship winning conditions with Benetton.

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Upon March 16, 2000, the team was sold to Renault for $120 thousand US. As part of their particular restructuring, Renault brought back Flavio Briatore because team manager. The team still applied the Playlife engines (even though descended from Renault motors) they had been using the past two years. The drivers were Giancarlo Fisichella along with Alexander Wurz. The team scored 20 factors, as well as 3 podium coatings in 2000 at Brazil, Monaco and Canada.During their final time of year in 2001 the people, Jenson Button and Giancarlo Fisichella, were often on a corner two rows of the grid. This was in part caused by the new 111-degree vast angle engine. But continued development helped Benetton to leave Formulation 1 on something of your high, and the cars' functionality lifted. Button and Fisichella scored 10 points for the team, including a podium conclude for Fisichella in Belgium.

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Throughout the 1994 season, some rival teams believed Benetton had found a method to violate the FIA-imposed ban 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 regarding illegal software in rival teams' cars likewise. FIA had no evidence it was ever used, so teams found while using the software received little to be able 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 which "Our only mistake was that back then we were too young and individuals were suspicious".