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Benetton Formulation Ltd., commonly referred to purely as Benetton, was a Formula 1 constructor that participated by 1986 to 2001. The team was owned because of the Benetton family who run an international chain of clothing stores from the same name. In 2000 the team 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 throughout 1983, then Alfa Romeo in 1984 and 1985 and then Toleman in 1985. Benetton Formula Ltd. was formed at the final of 1985 when the Toleman team was sold for the Benetton family. The team began with BMW engines and later switched to Ford then Renault and finally Playlife.

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Your team was managed through Flavio Briatore from 1990 right up until 1997. In about 1991, TWR acquired a one-third stake inside the team, bringing in Tom Walkinshaw and Ross Brawn to run the engineering operations. Rocco Benetton, the youngest son connected with Luciano Benetton joined the team as Chief executive in 1998 and dismissed Briatore. He replaced him using Prodrive boss David Richards, who lasted only for any 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 several years until its sale in order to Renault.The Benetton team is most beneficial known for its achievement with Michael Schumacher, who accounts for 19 of the team's 27 career advantages and their 2 drivers' competition. After switching to Renault machines, they also won the constructor's championship in 1995 using Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari in addition to Ross Brawn, Rory Byrne and 11 different key figures from his / her two championship winning seasons with Benetton.

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On March 16, 2000, the team was offered to Renault for $120 zillion US. As part of the restructuring, Renault brought back Flavio Briatore as team manager. The team still utilised the Playlife engines (even though descended from Renault motors) they been using the past two years. The drivers were Giancarlo Fisichella and Alexander Wurz. The team scored 20 factors, as well as 3 podium coatings in 2000 at Brazilian, Monaco and Canada.During their final period in 2001 the people, Jenson Button and Giancarlo Fisichella, were often on the spine two rows of this grid. This was in part related to the new 111-degree vast angle engine. But continued development helped Benetton to leave Solution 1 on something of an high, and the cars' overall performance lifted. Button and Fisichella scored 10 points to the team, including a podium finish off for Fisichella in Belgium.

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Through the 1994 season, some rival teams claimed Benetton had found methods to violate the FIA-imposed suspend on electronic aids, including traction control as well as launch control. On investigation, the FIA discovered "start sequence" (launch control) software inside the Benetton B194 cars, and a variety connected with illegal software in rival teams' cars at the same time. FIA had no evidence the application was ever used, so teams found while using the software received little 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 at the time we were too young and people were suspicious".