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Benetton Formulation Ltd., commonly referred to purely as Benetton, was a Formula One constructor that participated via 1986 to 2001. The team was owned by the Benetton family who run an internationally chain of clothing stores of the same name. In 2000 the group was purchased by Renault, but competed as Benetton for your 2000 and 2001 periods. 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 lastly Toleman in 1985. Benetton Formula Ltd. was formed at the final of 1985 when this Toleman team was sold to the Benetton family. The team began with BMW engines and then later switched to Ford then Renault and finally Playlife.

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The team was managed by Flavio Briatore from 1990 right up until 1997. In about 1991, TWR acquired a one-third stake in the team, bringing in Tom Walkinshaw and Ross Brawn running the engineering operations. Rocco Benetton, the youngest son of Luciano Benetton joined the team as Chief executive in 1998 and fired Briatore. He replaced him with Prodrive boss David Richards, who lasted only for a year when he too was fired, due to a disagreement while using Benetton family about long term strategy. Following Richards' departure, Rocco Benetton managed the team for several years until its sale to Renault.The Benetton team is most beneficial known for its good results with Michael Schumacher, who accounts for 19 with the team's 27 career victories and their 2 drivers' championships. After switching to Renault applications, they also won the particular constructor's championship in 1995 along with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari in conjunction with Ross Brawn, Rory Byrne and 11 some other key figures from his two championship winning months with Benetton.

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About March 16, 2000, the team was available to Renault for $120 trillion US. As part of their own restructuring, Renault brought back Flavio Briatore seeing that team manager. The team still utilised the Playlife engines (while descended from Renault motors) that they been using during the last two years. The drivers were Giancarlo Fisichella along with Alexander Wurz. The team scored 20 points, as well as 3 podium finishes in 2000 at Brazil, Monaco and Canada.During their final time of year in 2001 the drivers, Jenson Button and Giancarlo Fisichella, were often on the trunk two rows of this grid. This was in part related to the new 111-degree vast angle engine. But continued development allowed Benetton to leave Method 1 on something of any high, and the cars' efficiency lifted. Button and Fisichella scored 10 points for that team, including a podium complete for Fisichella in Belgium.

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Over the 1994 season, some rival teams said Benetton had found methods to violate the FIA-imposed prohibit on electronic aids, including traction control and launch control. On investigation, the FIA discovered "start sequence" (start control) software from the 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 be in the Benetton cars, however. Flavio Briatore, Benetton's chief in 1994, said in 2001 that "Our only mistake was that at the time we were too young and the ones were suspicious".