Benetton Formulation Ltd., commonly referred to purely as Benetton, was a Formula Just one constructor that participated coming from 1986 to 2001. The team was owned because of the Benetton family who run an internationally chain of clothing stores of the same name. In 2000 the crew was purchased by Renault, but competed as Benetton for that 2000 and 2001 conditions. In 2002 the staff became Renault F1.The Benetton Group entered Formula One like a sponsor company for Tyrrell in 1983, then Alfa Romeo with 1984 and 1985 lastly Toleman in 1985. Benetton Formula Ltd. was formed at the final of 1985 when the Toleman team was sold towards the Benetton family. The team began with BMW engines then later switched to Ford then Renault lastly Playlife.
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The team was managed by means of Flavio Briatore from 1990 until 1997. In about 1991, TWR acquired a one-third stake inside the team, bringing in Tom Walkinshaw and Ross Brawn running the engineering operations. Rocco Benetton, the youngest son associated with Luciano Benetton joined the team as Leader in 1998 and let go Briatore. He replaced him along with Prodrive boss David Richards, who lasted only for a year when he way too was fired, due to a disagreement with the Benetton family about long term strategy. Following Richards' departure, Rocco Benetton managed the team for 3 years until its sale to Renault.The Benetton team is best known for its success with Michael Schumacher, who accounts for 19 from the team's 27 career victories and their 2 drivers' titles. After switching to Renault engines, they also won the constructor's championship in 1995 having Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari as well as Ross Brawn, Rory Byrne and 11 additional key figures from his two championship winning months with Benetton.
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Upon March 16, 2000, the team was sold to Renault for $120 mil US. As part of the restructuring, Renault brought back Flavio Briatore since team manager. The team still used the Playlife engines (though descended from Renault motors) they been using for the last two years. The drivers were Giancarlo Fisichella in addition to Alexander Wurz. The team scored 20 points, as well as 3 podium is done in 2000 at Brazil, Monaco and Canada.During their final time in 2001 the owners, Jenson Button and Giancarlo Fisichella, were often on the rear two rows of the actual grid. This was in part due to the new 111-degree large angle engine. But continued development granted Benetton to leave Method 1 on something of the high, and the cars' functionality lifted. Button and Fisichella scored 10 points for your team, including a podium finish off for Fisichella in Belgium.
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Through the 1994 season, some rival teams stated Benetton had found a method to violate the FIA-imposed prohibit on electronic aids, including traction control and launch control. On investigation, the FIA discovered "start sequence" (introduction control) software within the Benetton B194 cars, and a variety connected with illegal software in rival teams' cars too. FIA had no evidence the software was ever used, so teams found with the software received little to help no punishment. No traction control software was found to stay the Benetton cars, however. Flavio Briatore, Benetton's chief in 1994, said in 2001 in which "Our only mistake was that during the time we were too young and individuals were suspicious".
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Over the 1994 season Benetton eliminated a fuel filter on the refueling rig used during pit stops. This may have led to a fire that occurred during Jos Verstappen's initial pitstop at Hockenheim. This resulted in further inquiries by the FIA, during which, the refuelling rig manufacturer clarified that in their opinion the modification might have resulted in 10% higher flow rates as opposed to rules allowed[citation needed]. Again the team travelled without substantial punishment.
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