Benetton System Ltd., commonly referred to just as Benetton, was a Formula 1 constructor that participated coming from 1986 to 2001. The team was owned by the Benetton family who run a worldwide chain of clothing stores in the same name. In 2000 the team was purchased by Renault, but competed as Benetton for your 2000 and 2001 conditions. In 2002 the staff became Renault F1.The Benetton Group entered Formula One as a sponsor company for Tyrrell with 1983, then Alfa Romeo throughout 1984 and 1985 and lastly 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 after which it later switched to Ford then Renault and finally Playlife.
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This team was managed by simply Flavio Briatore from 1990 until finally 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 Chief executive in 1998 and let go Briatore. He replaced him with Prodrive boss David Richards, who lasted only for just a year when he as well was fired, due to a disagreement with the Benetton family about future strategy. Following Richards' departure, Rocco Benetton managed the team for several years until its sale to help Renault.The Benetton team 's best known for its accomplishment with Michael Schumacher, who accounts for 19 on the team's 27 career wins and their 2 drivers' titles. 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 different 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 million US. As part of their particular restructuring, Renault brought back Flavio Briatore while team manager. The team still utilized the Playlife engines (despite the fact that descended from Renault motors) they'd 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 surface finishes in 2000 at Brazil, Monaco and Canada.During their final year in 2001 the owners, Jenson Button and Giancarlo Fisichella, were often on the back two rows of this grid. This was in part due to the new 111-degree extensive angle engine. But continued development authorized Benetton to leave Formula 1 on something of the high, and the cars' overall performance lifted. Button and Fisichella scored 10 points with the team, including a podium finish for Fisichella in Belgium.
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During the 1994 season, some rival teams believed Benetton had found a way to violate the FIA-imposed prohibit on electronic aids, including traction control as well as launch control. On investigation, the FIA discovered "start sequence" (launch control) software from the Benetton B194 cars, and a variety connected with illegal software in rival teams' cars at the same time. FIA had no evidence the program was ever used, so teams found while using 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 of which "Our only mistake was that at the time we were too young and people were suspicious".
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Throughout the 1994 season Benetton eliminated a fuel filter on the refueling rig used throughout pit stops. This may have generated a fire that took place during Jos Verstappen's initial pitstop at Hockenheim. This resulted in further inquiries from the FIA, during which, the refuelling rig manufacturer explained that in their opinion the modification would've resulted in 10% higher flow rates versus rules allowed[citation needed]. Again the team proceeded to go without substantial punishment.
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