Benetton Formulation Ltd., commonly referred to simply as Benetton, was a Formula 1 constructor that participated via 1986 to 2001. The team was owned by the Benetton family who run a worldwide chain of clothing stores with the same name. In 2000 the team was purchased by Renault, but competed as Benetton for that 2000 and 2001 periods. In 2002 the group became Renault F1.The Benetton Group entered Formula One being a sponsor company for Tyrrell in 1983, then Alfa Romeo throughout 1984 and 1985 and then Toleman in 1985. Benetton Formula Ltd. was formed at the final of 1985 when the particular Toleman team was sold towards Benetton family. The team began with BMW engines then later switched to Ford then Renault lastly Playlife.
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This team was managed through 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 run the engineering operations. Rocco Benetton, the youngest son associated with Luciano Benetton joined the team as Chief executive in 1998 and fired Briatore. He replaced him having Prodrive boss David Richards, who lasted only for just a year when he too was fired, due to a disagreement with all the Benetton family about future strategy. Following Richards' departure, Rocco Benetton managed the team for 36 months until its sale in order to Renault.The Benetton team is most beneficial known for its achievements with Michael Schumacher, who accounts for 19 in the team's 27 career victories and their 2 drivers' competition. After switching to Renault engines, they also won the actual constructor's championship in 1995 along with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari together with Ross Brawn, Rory Byrne and 11 other key figures from the two championship winning periods with Benetton.
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Upon March 16, 2000, the team was distributed to Renault for $120 trillion US. As part of their particular restructuring, Renault brought back Flavio Briatore since team manager. The team still used the Playlife engines (even though descended from Renault motors) that they been using the past two years. The drivers were Giancarlo Fisichella as well as Alexander Wurz. The team scored 20 things, as well as 3 podium surface finishes in 2000 at South america, Monaco and Canada.During their final year in 2001 the individuals, Jenson Button and Giancarlo Fisichella, were often on the trunk two rows of the grid. This was in part attributed to the new 111-degree vast angle engine. But continued development granted Benetton to leave Method 1 on something of a high, and the cars' efficiency lifted. Button and Fisichella scored 10 points for your team, including a podium finish for Fisichella in Belgium.
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During the 1994 season, some rival teams said Benetton had found a means to violate the FIA-imposed suspend on electronic aids, including traction control in addition to launch control. On investigation, the FIA discovered "start sequence" (kick off control) software in the Benetton B194 cars, and a variety connected with illegal software in rival teams' cars likewise. FIA had no evidence the software program was ever used, so teams found while using software received little to be able 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 during the time we were too young and individuals were suspicious".
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Throughout the 1994 season Benetton removed a fuel filter through the refueling rig used in the course of pit stops. This may have led to a fire that happened during Jos Verstappen's 1st pitstop at Hockenheim. This resulted in further inquiries because of the FIA, during which, the refuelling rig manufacturer made clear that in their opinion the modification could have resulted in 10% higher flow rates versus rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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